Three major cryptocurrency investors, known as whales, have collectively accumulated over $9 million in $HYPE tokens on the Hyperliquid platform. According to on-chain analyst Onchain Lens, whale "0x96d" deposited $4.44 million in USDC, boosting their $HYPE holdings to 253,442 tokens valued at $10.55 million, with an average purchase price of $32.57. This whale also has an unfilled buy order for an additional $1.3 million.
Meanwhile, whale "0x780" invested $2.67 million in USDC to acquire 63,547 $HYPE tokens at $42.06 each, and whale "0x50b" spent $1.98 million to purchase 47,076 $HYPE tokens at $42.14 each. The strategic accumulation by these whales indicates a strong bullish sentiment towards $HYPE on the Hyperliquid platform.
Whales Accumulate Over $9M in $HYPE on Hyperliquid
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