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Lion Group Holding is suspected of cashing out $500,000 HYPE, having previously secured $600 million in financing.
On August 21, according to data monitoring, a suspected Lion Group Holding Address sold 12,000 HYPE (approximately 500,000 USD) 3 days ago.
According to previous reports, on June 19, the Nasdaq-listed company Lion Group Holding secured $600 million in financing to launch the HYPE treasury strategy. The company plans to use HYPE as a primary reserve asset and establish a next-generation Layer-1 treasury asset portfolio with SOL and SUI.