Silentraven’s $10.62 Million Profit from HYPE Trade Fuels DeFi Market Shifts

High-stakes leveraged trading by prominent crypto whale ‘Silentraven’ has yielded a substantial $10.62 million profit on their $HYPE position, driving significant market activity within the DeFi space. 801,000 $HYPE tokens were purchased at $12.9 with 3x leverage, leading to a price surge that propelled Silentraven’s floating profits after the token reached $26. The trading activity has doubled trading volumes for HYPE and related pairs on various exchanges, impacting liquidity in markets like HYPE/ETH and HYPE/BTC.