According to CoinMeta, a blockchain analyst reported that 1 hour ago, a large investor transferred 1.032 million hyperliquid : native (worth approximately $57.6 million), which they had held for one and a half years, into Coinbase Prime and FalconX. They made a profit of $37.45 million on HYPE, with a gain of 186%. At the beginning of 2025, this investor withdrew 1.018 million HYPE from Gate at an average price of about $19.79, which was worth around $20.15 million at the time. Subsequently, these HYPE were deposited as collateral and were fully redeemed early this morning, then transferred into Coinbase Prime and FalconX at a price of $55.8.