A whale bought HYPE at a high price and is now making a profit of $2.97 million.

PA一线
PA一线

PANews reported on May 24th that, according to on-chain analyst Yu Jin, a whale who transferred 19 million USDC to Hyperliquid to buy HYPE a few days ago before HYPE broke its new high has now converted 16.26 million USDC into 304,000 HYPE tokens, with a purchase price of $53.7. As HYPE subsequently broke its new high and reached $63.5, his high-price purchase has resulted in a floating profit of $2.97 million.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PA一线

PA一线

A whale bought 238,811 HYPE tokens in the past 4 hours at an average price of $63.24.
PA一线

PA一线

Over $13 million in HYPE margin calls occurred in the past 24 hours, primarily affecting short positions.
PA一线

PA一线

Analysis: HYPE hits a new high, coupled with a resurgence in AI narratives, indicating the altcoin market is entering a risk repricing phase.
PA一线

PA一线

A whale placed a limit buy order for ETH in April, and 3942.3 ETH have been traded today.
PA一线

PA一线

An Ethereum OG bought another 3,942 ETH.
PA一线

PA一线

Hyperliquid's largest long position of 120,000 ETH has suffered a floating loss of $27.92 million.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
Data: H, XPL, KMNO and other tokens will see a large unlock next week, with H unlocking value estimated at approximately $22.2 million.
PANews Newsflash