A prominent HYPE whale, identified as qianbaidu.eth, has increased its holdings by purchasing an additional 34,489 HYPE tokens for $2.34 million. The whale, which has already realized a profit of $4.78 million, now holds a total of 61,032 HYPE tokens valued at $4.16 million. The purchase was made after depositing 2.34 million USDC and placing buy orders at $68.10 per HYPE, with some orders already executed.