According to Odaily Planet Daily, MLM (@mlmabc) reported that a single entity transformed $38 million into $279 million through two transactions. Four years ago, the entity withdrew 8,634 ETH (approximately $29.63 million) and 205.087 SOL (approximately $8.51 million) from OKX. Nine months ago, the entity sold these ETH and SOL for a total of $82.3 million and transferred them to Hyperliquid, purchasing 5,067,903 HYPE tokens at an average price of $16.24, now valued at $279 million. The entity is one of the top five HYPE holders and has distributed its holdings across 29 wallets.