PANews reported on October 23rd that according to @EmberCN, an investor/institution that received a 1 million Solana (SOL) investment allocation has just liquidated the last 743,000 HYPE tokens, valued at $28.21 million. This HYPE investment lasted 10 months and generated a cumulative profit of $23.83 million.
After liquidating his position, the investor sold 2.52 million HYPE tokens for 93.64 million USDC and returned to the Solana ecosystem, purchasing 502,900 SOL tokens at an average price of $186.2. His 2020 investment of 1 million SOL tokens has now grown to 1.496 million, worth approximately $280 million, including 368,000 SOL staked interest and 127,900 SOL investment income from HYPE tokens.
Previously, the investor sold 375,000 SOLs for US$70 million at the end of 2024, and bought 2.52 million HYPEs at US$27.7. Recently, he has gradually reduced his holdings of HYPE at an average price of US$36.5.
