Trader Sells Entire 295,300 HYPE Long Position After Holding U.S. Stocks Focus

A trader known as "U.S. stock big winner," who previously focused on U.S. stock trading, sold his entire 295,300 HYPE long position overnight on August 28, according to TradingBeats, formerly Hyperinsight. According to BlockBeats On-chain Detection, the average execution price was about $82.47, with total proceeds of about $24.353 million and a gross profit of about $277,000. The 24 previously placed non-reducing sell orders have not been canceled. They are spread across prices from $99.03 to $110.74 and total 327,300 HYPE, with a notional value of about $34.188 million.