The actions of large holders impact the cryptocurrency market, HYPE is gaining popularity
Large holders sold $BTC and $AAVE to invest in $HYPE
This action has a clear impact on the cryptocurrency market:
Negative for BTC and AAVE:
The increase in WBTC sales raises the supply of related assets, which may trigger concerns about BTC prices;
A large influx of AAVE into the market may lead to price suppression if buying pressure is insufficient, and it could also undermine market confidence in its trend.
Positive for HYPE and Perp DEX concept tokens:
HYPE has received significant buying interest, boosting short-term demand, which may drive prices up and attract market attention;
The Perp DEX craze is further strengthened by this action, and related tokens may receive favor from funds.
