BIT-linked whale sells entire $16.9M HYPE position

According to Onchain Lens, an address (starting with 0x4aFe) associated with crypto financial services firm BIT (formerly Matrixport) has sold an additional 99,612 HYPE. This brings its total sales to 403,290 HYPE, which were sold for 16.88 million USDC at an average price of $41.86.