TechFlow news: On May 7, according to on-chain analytics platform Lookonchain (@lookonchain), a wallet suspected to be associated with Matrixport deposited 403,289.5 HYPE tokens into Hyperliquid four hours ago—valued at approximately $17.4 million—and began selling them. To date, this address has sold 100,000 HYPE tokens, receiving 4.24 million USDC in return.
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