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An address added $1.5 million worth of HYPE to lower the average price, currently with an unrealized loss of $95,000.
GateNews
PANews January 15 News, according to on-chain analyst @ai_9684xtpa monitoring, address 0x519…96a47 increased its HYPE holdings by $1.5 million to lower the average price. Five hours ago, he deposited 2.64 million USDC into Hyperliquid, then transferred 1.5 million to his spot account, and bought 59,431.49 HYPE at an average price of $25.24; so far, he has accumulated 150,000 HYPE (worth $3.844 million), with an average cost of $25.61, currently with an unrealized loss of $95,000. Additionally, he has opened a long position worth $7 million in ZEC.
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