Hyperliquid Strategies reported a $620.6 million profit driven by unrealized gains on its HYPE holdings. The accounting profit resulted from the valuation of tokens held at the end of the quarter. At the time of publication, HYPE was trading about 14% below the price used to value those holdings. The gap between the quarter-end valuation and the market price was the main figure disclosed.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
