Two significant whale addresses have invested a combined total of 21.06 million USDC in HYPE tokens over the past two days, according to Spot On Chain monitoring. Whale "0x5AE" allocated 11.21 million USDC to acquire 285,821 HYPE tokens at an average price of $39.23, retaining 2.79 million USDC in reserve. Meanwhile, whale "0x152" spent 9.85 million USDC to purchase 249,073 HYPE tokens at an average price of $39.54, with 703,000 USDC remaining. Both whales are currently facing minor losses but appear to be positioning for a strategic move.