According to on-chain analyst Yu Jin, an "investor/institution that received a 1 million SOL investment allocation" just sold the last 743,000 HYPE (worth $28.21 million USD), completely liquidating their 10-month HYPE investment and profiting $23.83 million. The 93.64 million USDC from the 2.52 million HYPE sold was used to purchase 502,900 SOL on Solana at an average price of $186.2. The 1 million SOL investment he received in 2020 has now become 1.496 million SOL (worth $280 million USD): over the past five years, he has earned 368,000 SOL from staking interest and 127,900 SOL from his HYPE investment. Sold 375,000 SOL (US$70 million) at the end of 2024 and then bought 2.52 million HYPE at US$27.7. In recent days, the HYPE position was liquidated at an average price of US$36.5, making a profit of US$23.83 million.