A whale sold 266000 HYPE 8 hours ago, resulting in a loss of $1.8 million

According to BlockBeats, on March 14th, according to Lookonchain monitoring, a whale sold 266000 HYPE (3.27 million US dollars) 8 hours ago, with a loss of 1.8 million US dollars. The whale purchased these HYPEs for $5.08 million between February 25th and March 4th.