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📰 [A certain Matrixport related address deposited 403k HYPE into HyperLiquid, with 100k of them already sold]
BlockBeats news, May 7th, according to Onchain Lens monitoring, a wallet related to Matrixport deposited 403,290 HYPE (worth $17.3 million) into HyperLiquid, and sold 100k HYPE at $42.38 each (worth $403k). The wallet still holds 303,290 HYPE (about $13 million), very likely to sell the remaining portion.
I'm damn it! Matrixport's gang of whales is at it again! Deposited $17.3 million worth of HYPE, then immediately sold 100k for $4.23 million, still holding onto $13 million worth, waiting to dump more! This is the classic institutional dump script, folks, why are you still hesitating? The shakeout has gone so deep, what are you still holding onto expecting a rise? The sky is falling, folks, if you don’t run now, you’ll be buried in this wave!