Whale Technorevenant sells approximately 175,800 HYPE, cashing out $10.98 million to repay USDC loan

Odaily reports: According to MLM monitoring, after excluding forced liquidation transactions, whale Technorevenant became the largest HYPE seller on the Hyperliquid spot market over the past 24 hours, selling a cumulative 175,819 HYPE and cashing out approximately $10.98 million, of which $6.85 million was used to repay its USDC loan on HyperCore, bringing its loan liquidation price down to $49.30. Notably, Technorevenant's main selling operations were concentrated at the moment when HYPE perpetual contract liquidations peaked and the price hit a阶段性 low.