Suspected BIT-related addresses begin to sell off $17.4 million worth of HYPE

According to Lookonchain monitoring, 403,289.5 HYPEs (US$17.4 million) were deposited into Hyperliquid at suspected BIT-related addresses and began to sell them off. So far, it has sold 100,000 HYPE units in exchange for 4.24 million USDC units.