A certain investment institution sold 733,000 HYPE within 4 hours and increased its holdings of 142,000 SOL

ChainCatcher news, according to the on-chain analyst from Ember (@EmberCN), an investment institution that received an allocation of 1 million SOL has sold 733,000 HYPE worth $26.31 million in the past 4 hours, and subsequently bridged USDC back to the Solana network to purchase 142,000 SOL.

The institution currently holds 1.216 million SOL (worth $224 million) and 1.42 million HYPE (worth $50.5 million).