The controversy erupted when vigilant users began tracking on-chain movements around wallet 0x7ae4\u20261028. This address attracted attention after accumulating approximately 170,600 HYPE<\/a> tokens<\/a><\/strong>, then proceeding with strategic liquidations<\/strong> shortly after the token’s official launch. Market observers quickly pointed to suspicious selling patterns. Notably the use of TWAP orders to gradually offload positions without crashing the price.<\/p>\n\n\n\n Pressure intensified when on-chain analysis revealed that approximately 3,700 HYPE had been sold<\/strong>. Representing a value of around $110,000<\/strong> at the time of the transactions. For a freshly launched token, this type of movement from an address potentially linked to the team represents a major red flag for investors. Blockchain<\/a> transparency once again played its watchdog role. Allowing the community to track in real-time every transfer and every trade executed from this controversial wallet.<\/p>\n\n\n\n