An investment institution sold 733,000 HYPE and accumulated 142,000 SOL within 4 hours.
According to ChainCatcher, on-chain analyst EmberCN (@EmberCN) monitored that an investment institution, which received an allocation of 1 million SOL, sold 733,000 HYPE (worth $26.31 million) in the past 4 hours. Subsequently, the institution bridged USDC back to the Solana network and purchased 142,000 SOL.
Currently, the institution holds 1.216 million SOL (worth $224 million) and 1.42 million HYPE (worth $50.5 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Senator Warren urges prompt implementation of the GENIUS Act and attention to stablecoin regulatory loopholes
US-listed company Cosmos Health increases ETH holdings by $200,000, bringing total investment to $2 million
Bipartisan negotiations in the U.S. Senate on cryptocurrency regulation have stalled
Trending news
MoreCrypto prices
More
