A certain whale bought 490,000 HYPE in the past 14 days, worth approximately $12.1 million.

According to a report by Jinse Finance, on-chain data monitoring shows that a certain whale purchased 581,000 HYPE tokens (worth approximately $14.4 million) between July and October this year, and subsequently transferred 323,000 HYPE tokens (worth $8 million) to the Hyperliquid platform through a related wallet. In the past 14 days, this whale has bought another 490,000 HYPE tokens (worth $12.1 million), most likely to average down their investment cost.