Venture capital firm No Limit Holdings is set to purchase $2.5 million worth of HYPE tokens, placing buy orders at prices ranging from $31.88 to $35.88. This strategic move was highlighted by on-chain analyst Ai Yi, who noted the recent activity involving address 0x4c6…e015a. The address deposited 7.26 million USDC into Hyperliquid, subsequently transferring 4.76 million USDC to four separate addresses, while the remaining funds were allocated for HYPE buy orders. Currently, HYPE is trading at $38.60, above the targeted purchase range.
No Limit Holdings Targets HYPE with $2.5 Million USDC Buy Orders
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