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📅 July 3, 7:00 – July 9,
Large Investors sell 215,000 HYPE Tokens, cashing out 8.37 million USDC
According to the Gate News bot message and on-chain data, a Large Investor sold all of their 215,850 HYPE Tokens for 8.37 million USDC on the HyperLiquid platform, and subsequently withdrew all funds from the platform. This investor previously deposited 8.768 million USDC into the HyperLiquid platform on July 3 and purchased the same amount of HYPE Tokens at a unit price of 40.13 USD, resulting in a loss of 290,000 USD from this transaction.
Source: Onchain Lens