Genesis HYPE Holder Unstakes 150,000 Tokens and Places TWAP Sell Order
According to Onchain Lens (blockchain tracking service) monitoring cited by PANews, the holder moved HYPE tokens valued at $6.52 million and set a staged sale for 100,000 tokens.
HYPE
Summary
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Terms & Concepts
Staking: Locking crypto tokens to support a network or platform, often in exchange for rewards.
TWAP order: A time-weighted average price order that splits trades over time to reduce market impact.
Whale: A market participant holding a large amount of a cryptocurrency, whose transactions can draw attention from traders.