The whale wallet known as "qianbaidu.eth" has made a significant purchase of HYPE tokens, acquiring 81,572.11 tokens for $3.94 million. This transaction follows a deposit of $5.72 million into the Hyperliquid platform, marking a notable move in the crypto market. The wallet still holds $1.787 million in USDC and has an active order to buy more HYPE tokens at $48.2 each.