Lookonchain
Andrew Tate deposited 20,950 HYPE, valued at $1.87 million, into Binance. The transfer puts part of his position on an exchange, where it could be sold, but it does not establish that a sale occurred.
Why it matters
Tate bought 122,827 HYPE for $550,000 at $4.48 per token roughly two years ago. The figures put his total profit on HYPE at $7.24 million, a 1,317% return. That gain gives the deposit a potential profit-taking angle without confirming what he intends to do with the tokens.
Market impact
Tate still holds 63,550 HYPE, valued at $5.62 million. The exchange deposit is a potential selling signal, not evidence of a completed trade or a change in HYPE's price.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0xfb00c13f617c5981abb803591267c2241d6c1E9d#txs)
Frequently asked questions
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How much HYPE did Andrew Tate deposit into Binance?
He deposited 20,950 HYPE, valued at $1.87 million.
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Does the Binance deposit confirm Tate sold his HYPE?
No. A deposit moves tokens onto an exchange, but the transfer alone does not establish that a sale occurred.
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How much did Tate originally pay for HYPE?
He bought 122,827 HYPE for $550,000 at $4.48 per token roughly two years ago.
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How much HYPE does Tate still hold?
He still holds 63,550 HYPE, valued at $5.62 million.
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What profit has Tate made on HYPE?
The reported total profit is $7.24 million, equivalent to a 1,317% return.
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