BlockBeats News, September 25th, according to mlm monitoring, in the past week, renowned trader TechnoRevenant has started reducing his position on the EVM, including exchanging 625,000 KHYPE tokens (worth $26.6 million) for HYPE. His sell-off operation at one point caused the KHYPE price to unpeg by as much as 10%.
By estimation, his holdings on these EVM protocols are approximately 1.4–1.5 million HYPE tokens (around $60–65 million). In the last 7 hours, he has sold 377,000 HYPE tokens (approximately $16.2 million).