According to BlockBeats, on May 28, Hyperliquid trading bot and copy trading platform pvp.trade has accumulated approximately $8.68 million in commission income and continuously deployed it into HYPE tokens since the project's token launch. The platform has purchased 421,000 HYPE at an average cost of $20.6 per token, with its holdings now valued at approximately $24.34 million.
Yesterday, pvp.trade redeemed 400,000 HYPE from staking, worth approximately $22.8 million, though it remains unclear whether the move signals take-profit intentions at current price levels.