PANews reported on September 12th that according to on-chain analyst Yu Jin, the whale qianbaidu.eth has begun selling HYPE to lock in profits. On the 8th, he spent 20.57 million USDC to buy 431,000 HYPE at a price of 47.7. Two hours ago, he began selling these HYPE positions at $56 to lock in profits. He is expected to make a profit of $3.45 million (+16%) on this HYPE investment.
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