ChainCatcher report, according to Onchain Lens, the on-chain address High Stakes Capital sold a total of 602,421 HYPE tokens over the past 24 hours, receiving approximately 22.938 million USDC at an average price of $38.08. The most recent transaction involved selling the remaining 152,421 HYPE tokens for approximately $5.82 million, completing the full liquidation.
High Stakes Capital Sells All HYPE Holdings for $22.94M
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Summary
On-chain data from Onchain Lens shows that High Stakes Capital sold 602,421 HYPE tokens in the past 24 hours, earning 2,293.8 USDC at an average price of $38.08. The final batch of 152,421 tokens was sold for $5.82 million, completing the liquidation. On-chain analysis indicates the transactions occurred across multiple blocks, with no HYPE tokens remaining in the wallet.
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