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An early SOL investor earned over $23 million trading HYPE in just 10 months
2025-10-23 08:25

According to on-chain analyst Yu Jin's monitoring, the "investor/institution that received 1 million SOL investment allocation" just sold the last 743,000 HYPE (US$28.21 million). His 10-month HYPE investment has been completely liquidated, earning US$23.83 million.

After clearing out 2.52 million HYPEs, 93.64 million USDC was sold back to Solana to buy 502,900 SOLs at an average price of $186.2.

The 1 million SOL he invested in 2020 has now become 1.496 million (US$280 million): over the past five years, he has earned 368,000 SOL from staking interest and 127,900 SOL from investing in HYPE.

At the end of 2024, he sold 375,000 SOL (US$70 million) and then bought 2.52 million HYPE at US$27.7. In recent days, he liquidated HYPE at an average price of US$36.5, making a profit of US$23.83 million.