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[Investors/Institutions Receiving 1 Million SOL Investment Allocation] Sell HYPE for Third Consecutive Day to Buy SOL

Summary: According to reports, investors or institutions receiving 1 million SOL investment allocation have been selling HYPE to buy SOL for the third consecutive day: They sold 67.5 million HYPE in the past 4 hours for 23.44 million USDC, then bought 12.69 thousand SOL on Solana. Over the past 3 days, they have sold a total ...

According to reports, investors or institutions receiving 1 million SOL investment allocation have been selling HYPE to buy SOL for the third consecutive day: They sold 67.5 million HYPE in the past 4 hours for 23.44 million USDC, then bought 12.69 thousand SOL on Solana. Over the past 3 days, they have sold a total of 181.7 million HYPE for 65.43 million USDC, with an average selling price of $36. All USDC has been used to buy 350 thousand SOL on Solana, with an average purchase price of $186.5. They now only have 74.3 million HYPE ($26.12 million) left and are expected to continue selling to buy more SOL in the future.

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