A wallet suspected to be associated with financial services group BIT (formerly Matrixport) deposited 403,290 HYPE to HyperLiquid, valued at $17.3 million.
2026-05-07 06:13
Odaily reports, according to monitoring by Onchain Lens, a wallet (0x4aFe...f70F) suspected to be associated with financial services group BIT (formerly Matrixport) deposited 403,290 HYPE to HyperLiquid, valued at $17.3 million. It then sold 100,000 HYPE at a price of $42.38, exchanging them for 4.238 million USDC. The wallet still holds 303,290 HYPE, worth approximately $13 million, and may sell the remaining portion.
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