According to on-chain analyst Ember's monitoring, an investor/institution that received an investment allocation of 1 million $SOL sold part of the SOL at the end of last year and invested in 2.52 million $HYPE.

After holding it for 10 months, he sold some of his HYPE (15.68 million USDT) to take profit and then bought back SOL. His profit on HYPE was as high as 26.7 million USDT.