
律动BlockBeats|Aug 25, 2025 17:08
[The new address that accumulated $40 million worth of HYPE last week has started selling HYPE in batches and going long on ETH]
BlockBeats News, August 26: According to on-chain data, the mysterious newly created wallet address that spent $40 million to purchase HYPE last week has once again sold 186,000 HYPE (worth $8.6 million).
The USDC obtained from selling HYPE was used to open long positions in the contract market, establishing a long position of 27,236 ETH ($126 million). The sales were conducted in batches, with each batch consisting of 11,000 HYPE, and each single sale amounting to approximately $500,000.
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