BIT-Linked Wallet Sells Additional 1M HYPE Tokens, Total Offload Reaches 2M for $8.447M

HYPE-0.59%

According to on-chain analyst Onchain Lens, a BIT-associated wallet sold an additional 1 million HYPE tokens recently, bringing cumulative sales to 2 million HYPE for a total of $8.447 million USDC at an average price of $42.24 per token. The wallet currently holds 203,290 HYPE tokens valued at approximately $8.65 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BlockSec releases a stablecoin freeze risk white paper: 30 days of freezing over 960 addresses

According to the blockchain security firm BlockSec, in a May report titled “Stablecoin Issuer Freezing Risk and Treasury Security Management White Paper,” its USDT Freeze Tracker on-chain statistics show that as of May 7, over the past 30 days Tether has cumulatively added 384 addresses to the blacklist across the Ethereum and Tron networks, involving frozen funds of about $515 million.

MarketWhisper33m ago

Gate Daily Report (May 8): Little Donald Trump denies rumors that WLFI is about to collapse; BitMine is evaluating slowing its purchases of ETH

Bitcoin (BTC) gave back its midweek gains, temporarily trading at around $79,731 on May 8. Donald Trump Jr. denied rumors that World Liberty Financial is about to collapse, saying the negative narrative is being manipulated by bot clusters. Tom Lee said BitMine is currently evaluating slowing its pace of Ethereum purchases and shifting to stock buybacks.

MarketWhisper37m ago

Vitalik Buterin’s transaction was sandwiched; after bots spent $1.14 million, they suffered losses

According to an analysis report by CoinDesk on May 8, Ethereum co-founder Vitalik Buterin’s XDB token exchange transaction on April 30 was sandwiched by the MEV bot jaredfromsubway.eth. The bot deployed $1.14 million worth of WETH token price for this, but after deducting Gas fees, it suffered a net loss.

MarketWhisper1h ago

Fighting again in the Strait of Hormuz between Iran and the U.S. leads to the liquidation of over $269 million for Bitcoin bulls

U.S. and Iranian forces sparked a new round of direct clashes on May 8 in the Strait of Hormuz. The U.S. Central Command said that a U.S. Navy destroyer was attacked by Iran using missiles, drones, and speedboats, and that the U.S. forces immediately retaliated, striking Iran’s missile launch sites, command-and-control centers, and intelligence and reconnaissance nodes, while also carrying out strikes on Bandar Gashm and Bandar Abbas. As geopolitical risk surged sharply, Bitcoin fell below the $80k threshold on Friday, with an intraday low of $79,692.

MarketWhisper1h ago

Solana Spot ETFs Record $66.75M in Net Inflows Yesterday, BSOL Leads

According to SoSoValue data cited by ChainCatcher, Solana spot ETFs recorded net inflows of $66.75 million yesterday (May 7). Bitwise Solana Staking ETF (BSOL) led with $53.645 million in daily inflows, bringing its historical total to $855 million. Fidelity Solana Fund ETF (FSOL) followed with $13.

GateNews1h ago
Comment
0/400
No comments