TechFlow News: On May 8, on-chain analyst Onchain Lens (@OnchainLens) reported that a BIT-associated wallet deposited 403,290 HYPE tokens (worth approximately $17.3 million) into HyperLiquid. Subsequently, the wallet sold 200,000 HYPE tokens in two batches, realizing $8.447 million in USDC at an average price of approximately $42.24 per token. The wallet currently holds 203,290 HYPE tokens, valued at roughly $8.65 million.
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