Two significant cryptocurrency investors have acquired more than 205,000 HYPE tokens, signaling strong interest in the asset. According to Onchain Lens, whale "0xF56" sold 1,733 XAUT for $4.52 million and subsequently deposited $10.2 million in USDC into HyperLiquid. This investor purchased 103,636 HYPE tokens, valued at approximately $4.7 million, and opened a 5x long position on HYPE.
Meanwhile, whale "0x688" deposited $4.87 million in USDC into HyperLiquid, acquiring 102,055 HYPE tokens at a price of $47.75 each. These transactions highlight a significant movement in the HYPE market, driven by substantial investments from major players.
Whales Acquire Over 205,000 HYPE Tokens, Initiate Long Positions
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