High Stakes Capital liquidated its entire HYPE holdings, selling over 600,000 HYPE tokens within 24 hours and cashing out nearly $22.94 million.

CoinFeed reported on March 24th that, according to Onchain Lens, the on-chain address High Stakes Capital sold a total of 602,421 HYPE tokens in the past 24 hours, receiving approximately 22.938 million USDC, with an average transaction price of $38.08. The latest transaction involved the sale of the remaining 152,421 HYPE tokens, realizing approximately $5.82 million and completing its liquidation.