Looks like he sold around $200K and then stopped selling.

He’s still holding 13.23M LIT (~$34.4M) in the wallet.

The first batch of the Tornado Cash–linked cluster, 262.4K HYPE (~$6.9M), has been unstaked, and selling began immediately.

https://x.com/mlmabc/status/2008121819384148443

About 10 hours ago, a wallet linked to TechnoRevenant - previously used to short/hedge ASTER/WLFI ~5 months ago - bought 1.3M LIT for $3.53M at an average price of ~$2.7. The USDC used was transferred to Lighter spot on December 9.

https://app.lighter.xyz/explorer/accounts/670864

Another wallet linked to Technorevenant deposited $2.9M USDC into Lighter and bought 991K LIT at an average price of $2.93 around 3 hours ago.

https://app.lighter.xyz/explorer/accounts/700598

A wallet linked to Continue Capital sold 320K HYPE (~$8.7M) around three hours ago.

https://hypurrscan.io/address/0xcf9bfaf7e7ed48d85f2487b8fed07852a5e93ad1

A whale with 30.06K stETH ($97M) and $370M supplied on Aave deposited $15.5M USDC into Hyperliquid in the last 33 hours and went long 2,070 BTC ($191M) in the past 12 hours.

He has a take-profit set at $93,300 for the entire position.

https://hypurrscan.io/address/0xfb78aa8f38843629e89951d9db6fdc398d75e0a3

https://etherscan.io/address/0xd4584Bf988C9E8994688b56484E2F74cEAEeFB20

Great website built by Qwantify that tracks a wide range of Hyperliquid on-chain data, definitely worth checking out.

https://www.qwantify.io/app/team-wallets

Let’s take a look at the HYPE team distribution, which (so far) appears to be lower than many people anticipated.

Across two distributions, a total of 2,871,511 HYPE (~$73.5M) was transferred out of the team wallet to 53 different wallets with no prior activity.

Out of this 2,871,511 HYPE:

794,489 HYPE (~$26.9M) was sent to Flowdesk across 16 wallets, indicating OTC sales.

245,929 HYPE (~$6.3M) was sold on Hypercore on the open market using small, slow TWAPs across 5 wallets.

348,568 HYPE (~$9.8M) was restaked across 7 wallets.

For the second distribution in January, no HYPE was sold on Hypercore or transferred to entities such as Flowdesk.

Overall, the HYPE sent out represents ~1.18% of the total HYPE held by the team wallet.

https://hypurrscan.io/address/0x43e9abea1910387c4292bca4b94de81462f8a251#staking

Kinetiq just went live with Kinetiq Markets, becoming the fifth HIP-3 DEX to launch. Its first listing is US500.

https://markets.xyz/?chart1=km:US500

source

Selini Capital withdrew 500K HYPE (~$12.1M) from OKX about 16 hours ago and staked the entire amount on HyperCore roughly 6 hours later.

https://hypurrscan.io/address/0xffa8198c62adb1e811629bd54c9b646d726deef7

ABC, the top market maker on Hyperliquid by volume, just registered a HIP-3 DEX (abcd) on mainnet from their staking account and registered the ticker USA500.

https://app.hyperliquid.xyz/explorer/tx/0xc3f8090d725d96cfc5710433476bc402017100f30d50b5a167c0b460315170ba

https://hypurrscan.io/address/0x372c7f69d0ecc14f73f89bd8a7dfb41bdf29857c

Garret Bullish is Up $45M today, hitting a new Hyperliquid PnL ATH of $142M.

https://hypurrscan.io/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae

Popcornkirby just sold 182,832.35 HYPE (~$4.76M) in just 30 seconds, wicking HYPE down ~2.3%.

https://hypurrscan.io/address/0x50664ede715e131f584d3e7eaabd7818bb20a068

Arthur Hayes withdrew 19.2K HYPE (~$500K) from Gate.io 13 minutes ago.

https://hypurrscan.io/address/0xc32235231d29831a2cb2a11e3f9c7f38160fc1dd

Dreamcash to Launch RWA Perpetual Markets on HIP-3 with Tether and Selini Capital, Collateralized with USDT0.

Link

Instead of closing the $670M ETH long, Garret Jin added another $66M, increasing the position to 223.34K ETH ($735).

https://hyperdash.com/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae

Over the past week, all $500K USDC/USDT held in the Trove angel wallet was transferred out and subsequently deposited into instant exchanges and lower-tier crypto exchanges.

6B9corfT1R5H9th1mFBF1JfGX4B1KxPqKBAzUqg7nnGN

This wallet shorted $19.5M worth of silver over the past 3 days at a 89.423 average on Hyperliquid, while also being long $5.8M of copper.

https://hyperdash.com/address/0x61ceef212ff4a86933c69fb6aca2fe35d8f2a62b

The wallet that sold 255 BTC for $21.8M exactly one month ago has almost doubled the account to $40.2M now.

All while being long roughly $460M notional across 5 different pairs on high leverage (see screenshot).

https://hyperdash.com/address/0x94d3735543ecb3d339064151118644501c933814