PANews reported on October 22nd that an investor/institution that received a 1 million $SOL investment allocation sold HYPE for SOL for three consecutive days. Within four hours today, the investor sold 675,000 HYPE for 23.44 million USDC, which they then cross-chained to Solana to purchase 126,900 SOL. Over the past three days, the investor has sold a total of 1.817 million HYPE tokens in exchange for 65.43 million USDC at an average price of approximately $36, and purchased 350,000 SOL tokens at an average price of $186.5. He currently holds 743,000 HYPE tokens (worth approximately $26.12 million) and expects to continue selling HYPE tokens in exchange for SOL tokens.PANews reported on October 22nd that an investor/institution that received a 1 million $SOL investment allocation sold HYPE for SOL for three consecutive days. Within four hours today, the investor sold 675,000 HYPE for 23.44 million USDC, which they then cross-chained to Solana to purchase 126,900 SOL. Over the past three days, the investor has sold a total of 1.817 million HYPE tokens in exchange for 65.43 million USDC at an average price of approximately $36, and purchased 350,000 SOL tokens at an average price of $186.5. He currently holds 743,000 HYPE tokens (worth approximately $26.12 million) and expects to continue selling HYPE tokens in exchange for SOL tokens.

Institutions/investors who received 1 million $SOL sold HYPE for SOL for three consecutive days, and bought a total of 350,000 SOL

2025/10/22 16:39

PANews reported on October 22nd that an investor/institution that received a 1 million $SOL investment allocation sold HYPE for SOL for three consecutive days. Within four hours today, the investor sold 675,000 HYPE for 23.44 million USDC, which they then cross-chained to Solana to purchase 126,900 SOL.

Over the past three days, the investor has sold a total of 1.817 million HYPE tokens in exchange for 65.43 million USDC at an average price of approximately $36, and purchased 350,000 SOL tokens at an average price of $186.5. He currently holds 743,000 HYPE tokens (worth approximately $26.12 million) and expects to continue selling HYPE tokens in exchange for SOL tokens.

Market Opportunity
Solana Logo
Solana Price(SOL)
$133.56
$133.56$133.56
-5.95%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

The post Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:26 While meme tokens like Pepe Coin and established networks such as Tron attract headlines, many investors are now searching for projects that combine innovation, revenue-sharing and real-world utility. BlockchainFX ($BFX), currently in presale at $0.024 ahead of an expected $0.05 launch, is quickly becoming one of the best cryptos to buy today. With $7m already secured and a unique model spanning multiple asset classes, it is positioning itself as a decentralised super app and a contender to surpass older altcoins. Early Presale Pricing Creates A Rare Entry Point BlockchainFX’s presale pricing structure has been designed to reward early participants. At $0.024, buyers secure a lower entry price than later rounds, locking in a cost basis more than 50% below the projected $0.05 launch price. As sales continue to climb beyond $7m, each new stage automatically increases the token price. This built-in mechanism creates a clear advantage for early investors and explains why the project is increasingly cited in “best presales to buy now” discussions across the crypto space. High-Yield Staking Model Shares Platform Revenue Beyond its presale appeal, BlockchainFX is creating a high-yield staking model that gives holders a direct share of platform revenue. Every time a trade occurs on its platform, 70% of trading fees flow back into the $BFX ecosystem: 50% of collected fees are automatically distributed to stakers in both BFX and USDT. 20% is allocated to daily buybacks of $BFX, adding demand and price support. Half of the bought-back tokens are permanently burned, steadily reducing supply. Rewards are based on the size of each member’s BFX holdings and capped at $25,000 USDT per day to ensure sustainability. This structure transforms token ownership from a speculative bet into an income-generating position, a rare feature among today’s altcoins. A Multi-Asset Platform…
Share
BitcoinEthereumNews2025/09/18 03:35
Tesla (TSLA) Stock; Slips Slightly Despite Accelerated Nine-Month Roadmap for AI5–AI9 Chips

Tesla (TSLA) Stock; Slips Slightly Despite Accelerated Nine-Month Roadmap for AI5–AI9 Chips

TLDRs; Tesla stock slipped slightly even as Musk unveiled a faster nine-month development cycle for future in-house AI processors. The AI5 chip is nearing final
Share
Coincentral2026/01/19 14:40
Ethereum transactions hit record as staking exit queue drops to zero

Ethereum transactions hit record as staking exit queue drops to zero

The record jump comes as Ethereum’s validator exit queue has dropped to zero while entry queues remain long.
Share
Coinstats2026/01/19 13:50