Data: A certain SOL investor/institution address sold approximately 410,000 HYPE today after holding it for 10 months to buy back SOL

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, an investor/institution that received an allocation of 1 million SOL sold part of their SOL at the end of 2024 and invested in 2.52 million HYPE. After holding for 10 months, they took their first profit by selling part of the HYPE (approximately 15.68 million), and then bought back SOL, with a profit of up to 26.7 million dollars on HYPE.

It is reported that this address received an investment allocation of 1 million SOL in June 2020.

In December 2024, shortly after HYPE went live, they sold 375,000 SOL at a price of about 191 dollars, exchanging it for approximately 70 million USDC, and bought 2.52 million HYPE at an average price of 27.7 dollars.

After holding for 10 months, today they sold 408,900 HYPE at a price of 38.3 dollars, exchanging it for 15.68 million USDC, and then cross-chain returned to Solana to buy back 81,100 SOL at a price of 193 dollars.