A certain early investor in SOL made over 23 million dollars trading HYPE in just 10 months

ChainCatcher news, according to market news, an investor/institution has just sold the last 743,000 HYPE (28.21 million USD). Their 10-month investment in HYPE has been fully liquidated, earning a profit of 23.83 million USD.

After liquidating 2.52 million HYPE for 93.64 million USDC, they bought 502,900 SOL back on Solana at an average price of 186.2 USD. Their 2020 investment of 1 million SOL has now turned into 1.496 million (280 million USD): over 5 years, they earned 368,000 SOL from staking interest and 127,900 SOL from investing in HYPE. By the end of 2024, they plan to sell 375,000 SOL (70 million USD) and then buy 2.52 million HYPE at a price of 27.7 USD. In recent days, they have liquidated HYPE at an average price of 36.5 USD, earning a profit of 23.83 million USD.