The "Investor/Institution receiving a 1,000,000 SOL allocation" sold HYPE for SOL for the third consecutive day
BlockBeats News, October 22, according to cindermonitoring, the "Investor/Institution receiving a 1 million SOL investment allocation" has been selling HYPE and buying SOL for the third consecutive day:
Within a span of nearly 4 hours, they sold 675,000 HYPE tokens to acquire 23.44 million USDC, and then switched to Solana to buy 12.69 thousand SOL.
· From the day before yesterday until now, a total of 1.817 million HYPE tokens have been sold for 65.43 million USDC, with an average selling price of $36.· All of this USDC has been used to purchase 350,000 SOL on Solana, at an average purchase price of $186.5.· They now only hold 743,000 HYPE tokens ($26.12 million), and are expected to continue selling to buy back SOL in the future.
You may also like

SBF's little brother turned 225 million into 5.5 billion in one year

In a World of Disruption, How Can Humanities Workers Better Use AI?

Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master

On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.

Bitwise: This weekend's attack accelerated the on-chain migration of the financial world

Market Downturn: Which Assets Are Worth Watching?

The real opportunity of stablecoins is not to kill Visa

Trump's AI Farce: Insult if You Don't Pay
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.

Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"

The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?

「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?

OpenClaw, Another Batch of Middle Class Jobless

Morning News | Backpack will launch on-chain IPO subscription service; Predict.fun strategically acquires on-chain prediction platform Probable; SoFi partners with Mastercard for strategic cooperation

Inventorying the Washington power in the crypto space, who is speaking out for U.S. crypto legislation?

650 million dollars, 1.5 billion dollars, 2 billion dollars, the crypto VC landscape has changed!

Why prediction markets are the largest untapped collateral pool in DeFi
500% XAUT Staking, Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring 500% XAUT staking, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.