Data: A certain whale sold approximately 175,800 HYPE, cashing out 10.98 million USD to repay USDC loans

According to MLM monitoring, excluding forced liquidation transactions, the whale Technorevenant became the largest HYPE seller in the Hyperliquid spot market over the past 24 hours, selling a total of 175,819 HYPE and cashing out approximately 10.98 million USD, of which 6.85 million USD was used to repay its USDC loan on HyperCore, reducing its loan liquidation price to 49.30 USD.

It is worth noting that Technorevenant's main selling operations were concentrated at the peak of HYPE perpetual contract liquidation scale and when the price reached a temporary low.