Silentraven’s $10.62 Million Profit from HYPE Trade

Silentraven’s high-stakes leveraged trade in $HYPE has led to substantial market activity, affecting liquidity and trading volumes across multiple trading pairs.

The whale known as “Silentraven” executed a leveraged long trade on 801,000 $HYPE tokens at $12.9, achieving a floating profit of $10.62 million after the token’s price surged to $26. On April 9, 2025, they collateralized 3.805 million WBTC via Aave, sourcing $7.5 million USDC to fund this position.

“The whale ‘silentraven’ who long $HYPE with 3x leverage has now made a floating profit of over 10 million. On April 9, he longed 801,000 $HYPE at $12.9. The current price of $HYPE has risen to $26, with a floating profit of $10.62 million” – Yu Jin, On-Chain Analyst, PANews.

Silentraven’s actions and similar historical whale trades have shown how high-leverage moves can spur rapid price shifts in DeFi markets. Trading volumes for $HYPE and its related pairs surged significantly, doubling after Silentraven’s trade entry. Ripple effects extended to HYPE/ETH and HYPE/BTC pairs.

Market watchers note that while on-chain analysts like Yu Jin have tracked Silentraven’s trades, no official exchanges or government filings have acknowledged these activities. Market speculation continues as traders discuss the potential ongoing impact of such whale moves in the crypto forums.

Such large, leveraged trades often lead to shifts not only within the targeted asset’s price but also across correlated markets. Recent transactions by Silentraven involved a swap into stETH, indicating ongoing adjustments in the trading strategy.

Potential financial outcomes include increased market volatility and opportunities for institutional actors to leverage similar strategies. The regulatory landscape remains unchanged, with no new compliance measures announced in response to these trades.