According to Onchain Lens, the wallet sold the tokens over the past 48 hours at an average price of $39.65 and still holds 151,573 HYPE in a staking address (wallet used for locking tokens).
Crypto wallet qianbaidu.eth sold 338,084 HYPE for 13.4 million USDC over the past 48 hours, according to Onchain Lens. The transactions were executed at an average price of $39.65 per token. Onchain Lens also said the wallet’s staking address (wallet used for locking tokens) still holds 151,573 HYPE valued at about $5.89 million. The activity highlights a sizable token sale by a large holder while leaving a substantial remaining position in staking.