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A certain whale unstaked 150k HYPE and then placed a TWAP sell order for 100k HYPE.
Mars Finance reports that on April 17, according to Onchain Lens monitoring, an early HYPE Genesis phase holder un-staked 150,000 HYPE tokens (about $6.52 million) and then placed a TWAP (time-weighted average price) sell order, planning to sell 100,000 HYPE tokens (about $4.35 million). The whale currently still holds 354,303 HYPE tokens (about $15.42 million) in staking.