A giant whale sold 100,000 HYPE and then bought 500,000 LIT through TWAP

According to MLM monitoring, a certain wallet address sold 100,000 HYPE (approximately $2.5 million) about 1 hour ago, then transferred the funds to another wallet and initiated a 5-hour TWAP to long 500,000 LIT (approximately $1.73 million) ------ currently, 77,000 LIT (approximately $266,000) has been executed.

The wallet address associated with this address also unstaked another 100,000 HYPE (approximately $2.54 million) at almost the same time, which will be unlocked in 7 days. This address received a total of 684,415.94 HYPE at TGE, making it the 20th largest airdrop receiving address, and the cumulative earnings from HYPE alone have exceeded $17 million.