Matrixport's associated wallet deposited 403,300 HYPE tokens into HyperLiquid, of which 100,000 have already been sold.

CoinFeed reported on May 7th that, according to Onchain Lens monitoring, a wallet associated with Matrixport deposited 403,290 HYPE (worth $17.3 million) into HyperLiquid and then sold 100,000 HYPE at $42.38, receiving 4.238 million USDC. The wallet still holds 303,290 HYPE (approximately $13 million) and may continue to sell the remaining amount.