After a five-month dormancy, a whale has returned and spent $1.73 million to purchase nearly 70,000 HYPE tokens.
PANews reported on January 4th, citing Onchain Lens tracking, that an address injected $2.5 million USDC into HyperLiquid after being dormant for over five months. Of this, $1.73 million was used to purchase 69,975 HYPE tokens, and the address still holds approximately $765,600 USDC, suggesting a possible intention to continue increasing its position.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin

Younger Investors Could Help Bitcoin ETFs Overtake Gold: Analyst
