[Suspected Lion Group Holding address sold $500,000 worth of HYPE 3 days ago, previously announced $600 million financing to launch HYPE treasury strategy] BlockBeats News, August 21, according to HyperInsight monitoring, a suspected Lion Group Holding address sold 12,000 HYPE (approximately $500,000) 3 days ago. Earlier reports stated that on June 19, Nasdaq-listed company Lion Group Holding secured $600 million in financing to launch the HYPE treasury strategy. The company plans to reserve HYPE as a primary reserve asset and establish a next-generation Layer-1 treasury asset portfolio with SOL and SUI.