A whale deposited 60,000 HYPE into Hyperliquid and has already sold 31,560 HYPE for $1.77 million, according to monitoring by Onchain Lens. Two HYPE sell-side TWAPs (time-weighted average price orders that split trades over time) are still running, including one for 40,000 HYPE valued at about $2.1 million with around 15 hours remaining. The same whale also moved about 1.67 million USDC to Coinbase, indicating that significant fund flows tied to the position are still underway.