Data: A certain wallet sold 40.26 million dollars of HYPE and opened a long position on ETH with 15x leverage

ChainCatcher news, according to on-chain analyst Ember (@EmberCN), a certain wallet purchased 900,000 HYPE tokens for about $45.5 ten days ago (approximately $40.26 million) and sold all of them for about $43.5 within the last 24 hours, resulting in a loss of approximately $1.8 million.

The address then opened a long position of 51,691 Ether with 15x leverage, with a total value of about $229 million, an opening price of $4,630, and a liquidation price of $4,076.