Two large wallets sold approximately $108.81 million worth of Hyperliquid's HYPE token, according to Lookonchain. The wallet starting with 0x2685 sold 912,383 HYPE for about $82.09 million after acquiring the tokens roughly a month earlier, generating an estimated profit of more than $10 million. Address 0x648F sold 296,705 HYPE for about $26.72 million, with Lookonchain estimating a $16.5 million profit on tokens purchased about 11 months ago. The owners and reasons for the sales were not disclosed. HYPE rose from around $78 to above $97 during the week but remained below its all-time high of $97.98. An earlier description characterized the 912,383 HYPE position as a transfer to FalconX, while the newer report describes it as a sale.