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
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.