1 min read
Add as a preferred source on GoogleTechnorevenant Sells 175,819 HYPE, Repays $6.85 Million Loan
The sales generated about $10.98 million, and the repayment lowered the loan’s liquidation price to $49.30.
Mentioned assets
Technorevenant sold 175,819 HYPE on Hyperliquid’s spot market in the 24 hours through 9:53 p.m. ET Saturday, Nov. 14 (02:53 UTC Sunday), becoming the venue’s largest HYPE seller after forced-liquidation trades were excluded.
The sales generated about $10.98 million. Technorevenant used $6.85 million to repay a USDC loan on HyperCore, lowering the loan’s liquidation price to $49.30.
Technorevenant’s selling was concentrated around the peak in HYPE perpetual-futures liquidations, when the token touched a period low.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.