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.
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