Lion Group Shifts $SOL & $SUI Holdings into Hyperliquid ( $HYPE )
Lion Group (LGHL), a Nasdaq-listed crypto trading firm, announced its plan to convert all Solana (SOL) and Sui (SUI) holdings into Hyperliquid (HYPE).
🔹 The conversion will be executed gradually to minimize acquisition costs and optimize portfolio efficiency.
🔹 Assets involved: 6,629 SOL and 1M+ SUI, expected to add around 96,000 HYPE at current prices.
🔹 Lion Group already holds 128,000+ HYPE in its treasury.
CEO Wilson Wang emphasized that this disciplined strategy aims to lower the average cost of HYPE acquisition:
“This way, our portfolio will be more efficient and better positioned for long-term growth.”
⚠️ Disclaimer: Not Financial Advice (NFA). Do Your Own Research (DYOR).