High Stakes Capital Sells 450,000 HYPE for $17.12 Million, Onchain Lens Says
According to Onchain Lens, High Stakes Capital has now fully exited its HYPE position after selling 602,421 tokens for about 22.938 million USDC at an average price near $38.08.
USDC
HYPE
Fact Check
The statement is fully supported by on-chain monitoring data reported by Onchain Lens and corroborated by multiple financial news outlets. The figure of 450,000 HYPE for $17.12 million represents a cumulative total after the second major tranche of sales (300k + 150k), while the final figure of 602,421 HYPE for $22.938 million represents the complete liquidation of the position as of March 24, 2026.
Summary
Onchain Lens reported that High Stakes Capital sold a total of 602,421 HYPE at an average price of about $38.08 for roughly 22.938 million USDC, fully exiting its position. The latest update, posted on March 24, said the wallet also sold its remaining 152,421 HYPE for $5.82 million in the past 24 hours. This follows earlier reported sales of 450,000 HYPE for $17.12 million, meaning the address no longer holds the token.
Terms & Concepts
- HYPE: A crypto token referenced in the report as the asset sold by High Stakes Capital.
- USDC: A U.S. dollar-pegged stablecoin commonly used on blockchain networks for trading and settlement.