Andrew Tate achieved a high return of 1,317% on his HYPE investment
On-line data shows that Andrew Tate today transferred 20,950 HYPE tokens worth approximately US$1.87 million to Binance. Previously, he bought HYPE at an average price of US$4.48 per piece, and his cumulative profit has reached US$7.24 million.
How much HYPEs did Andrew Teis send to Binance?
According to data disclosed by the Arkham platform, the wallet address marked as belonging to Tis transferred 20,950 HYPE tokens to Binance today. The total valuation of the transferred assets is approximately US$1.87 million.
The transfer occurred after Tais began deploying HYPE about two years ago. At that time, he spent approximately US$550,000 on a total of 122,827 HYPE units, with an average purchase price of approximately US$4.48 each.
As of now, 63,550 HYPEs are still held in the wallet. Based on current market prices, the value of this position is approximately US$5.62 million.
How much revenue does HYPE investment bring?
Data shows that Teis's total profit in the HYPE transaction has reached US$7.24 million, and the return on investment has reached 1,317%.
This position, which started two years ago with an initial investment of approximately US$550,000, has increased to several million dollars as HYPE prices have risen.
Today's transfer to Binance is part of Tess's actions to reduce its HYPE position. However, available data cannot yet determine whether this means an outright sale. Tokens transferred to Binance may be used to sell and monetize, or may be used for other trading strategies within the exchange.
The remaining 63,550 HYPEs in Tesse's wallet, with their current value of approximately US$5.62 million, still constitute an important part of its position.
With the 1,317% return on HYPE's investment and today's transfer of US$1.87 million in funds, Tis's wallet dynamics have once again attracted market attention. In particular, how to deal with these 20,950 HYPE transferred to Binance will become a key indicator for observing its next operation.
The content of this article is compiled based on public market data and does not constitute any investment advice. It is recommended that you conduct independent research and make careful decisions.

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