Whale Unstakes 907K HYPE and Moves to Bybit, Worth ~$7.59M

Large token movements to exchanges often precede liquidity events, and the timing of this unstake suggests the whale is positioning for a potential sale. The scale of the transfer—nearly a million tokens—could add meaningful sell-side pressure if the position is liquidated, though exchange deposits do not guarantee immediate selling. The key signal to watch is whether this is an isolated profit-taking move or part of a broader distribution pattern by large holders, which would have more lasting implications for market depth and price stability.