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The suspected Lion Group Holding Address sold $500,000 worth of HYPE three days ago, after announcing a $600 million financing to launch the HYPE treasury strategy.
GateNewsBot
BlockBeats news, on August 21, according to HyperInsight monitoring, a suspected Lion Group Holding Address sold 12,000 HYPE (approximately 500,000 USD) three days ago. Previous reports stated that on June 19, Nasdaq-listed Lion Group Holding secured 600 million USD in financing to initiate the HYPE treasury strategy. The company plans to use HYPE as the main reserve asset and establish a next-generation Layer-1 treasury asset portfolio using SOL and SUI.
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