A wallet suspected to be associated with financial services group BIT (formerly Matrixport) deposited 403,290 HYPE worth $17.3 million into HyperLiquid

Odaily Planet Daily News: According to monitoring by Onchain Lens, a wallet (0x4aFe...f70F) suspected to be related to financial services group BIT (formerly Matrixport) deposited 403,290 HYPE worth $17.3 million into HyperLiquid, and sold 100,000 HYPE at a price of $42.38, exchanging for 4.238 million USDC. The wallet still holds 303,290 HYPE worth approximately $13 million and may sell the remaining portion.