Matrixport-affiliated wallet sells 100,000 HYPE tokens, cashing out approximately $4.238 million
According to on-chain analyst Onchain Lens (@OnchainLens), a wallet associated with Matrixport deposited 403,290 $HYPE tokens (approximately $17.3 million) into HyperLiquid, then immediately sold 100,000 of them at an average price of $42.38, realizing approximately $4.238 million in USDC. The wallet currently still holds 303,290 $HYPE tokens (approximately $13 million).
