An address increased its holdings of $1.5 million worth of HYPE to lower the average cost, currently facing an unrealized loss of $95,000.
PANews, January 15th – According to on-chain analyst @ai_9684xtpa, address 0x519…96a47 increased its position by $1.5 million worth of HYPE to lower the average purchase price.
Five hours ago, this address deposited 2.64 million USDC into Hyperliquid, then transferred 1.5 million USDC to its spot account and bought 59,431.49 HYPE at an average price of $25.24 each. In total, the address has accumulated 150,000 HYPE (with a total value of $3.844 million), at an average cost of $25.61 per HYPE, currently holding an unrealized loss of $95,000.
In addition, the address also opened a $7 million long position in ZEC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CAT Terminal and PinPet reach strategic cooperation and jointly launch the CAT Node platform
CAT Terminal has reached a strategic partnership with PinPet to jointly launch the CAT Node platform.
Michael Saylor: Strategy official website has added a "BTC Rating" indicator
Ethereum Network Daily Transactions Hit All-Time High on January 16, Reaching 2.88 Million Transactions
