Tradexyz Uses $3.45M in Fee Revenue to Purchase 59,000 Hyperliquid Tokens

iconKuCoinFlash
Share
AI summary iconSummary
In the latest crypto news, Tradexyz spent $3.45 million in fee revenue to purchase 59,000 Hyperliquid tokens, following a similar transaction two days ago. The purchase was executed through eight TWAP orders. This comes as cryptocurrency news continues to highlight significant on-chain activity, with the platform demonstrating consistent buying behavior in recent sessions.

Odaily Planet Daily reports, according to HyperliquidNews monitoring, after its initial purchase two days ago, Tradexyz has used $3.45 million in fee income to buy Hyperliquid and initiated eight TWAP orders to acquire a total of 59,000 Hyperliquid tokens.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.