BIT-associated wallet sells 200,000 HYPE, realizing total proceeds of $8.447 million

According to monitoring by Onchain Lens, a wallet associated with BIT previously deposited 403,290 HYPE, worth approximately $17.3 million, into HyperLiquid. Subsequently, the wallet sold 200,000 HYPE in two batches, realizing total proceeds of $8.447 million in USDC, at an average transaction price of approximately $42.24. The wallet currently still holds 203,290 HYPE, worth approximately $8.65 million.