A new wallet worth millions of dollars appears on Arbitrum,疯狂扫货HYPE on Hyperliquid

【Blockchain Rhythms】On December 18th, on-chain monitoring showed that a newly created wallet minted $12.1 million worth of USDC on the Arbitrum network. The wallet immediately took action—first depositing $5.1 million into the Hyperliquid trading platform, then starting a large-scale purchase.

The initial buy was substantial: 113,000 HYPE tokens (roughly $3 million market cap) and 0.5 BTC (about $43,000). Interestingly, this is far from the end. According to on-chain data, the wallet is executing a TWAP (Time-Weighted Average Price) strategy, planning to continue accumulating about $2 million worth of HYPE over the next 50 minutes.

What’s more noteworthy is that the wallet also holds approximately $7 million in idle USDC on Arbitrum, indicating ample ammunition for future moves. From minting USDC to deploying on Hyperliquid, the entire operation is clear—someone appears to be preparing for large-scale position building.

HYPE4.3%
USDC-0.01%
BTC3.4%
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SelfRugger
· 2025-12-20 11:59
Damn, this move... The new wallet directly投入12.1 million. TWAP sweeping is quite a professional technique, and with such ample ammunition, there will definitely be big moves later on.
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ChainMelonWatcher
· 2025-12-20 02:17
Wow, where did this whale come from? Dropping tens of millions into HYPE all at once. Doing TWAP like this is serious and straightforward.
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MEVvictim
· 2025-12-18 17:34
Once again, it's the same old story with new wallets, starting with millions at stake. Honestly, I'm tired of it... It's truly a game for big players.
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NFTragedy
· 2025-12-17 17:42
I'm someone who dislikes black box operations. A new wallet suddenly mints over 12 million, quickly sweeps through it, and still hides 7 million in ammunition? No matter how you look at it, it seems like someone is playing some kind of game. TWAP strategy sounds very decent, but I can't help but feel that this operation method is a bit strange.
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StealthDeployer
· 2025-12-17 17:39
Another flash wallet like this? Immediately 12 million, TWAP sweeping for 50 minutes... Feels like testing the market depth.
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FlashLoanLarry
· 2025-12-17 17:30
damn, the twap execution on this is actually textbook capital utilization... 12.1m usdc freshly minted then deployed within minutes? that's some serious thesis validation happening. the 700m dry powder sitting there tho... either they're testing liquidity depth or we're about to see some nasty slippage if they get too aggressive. been here before, always ends the same way lol
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GasFeeCrier
· 2025-12-17 17:23
Damn, the new wallet immediately has 12 million, is this to dump or genuine belief in HYPE?
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GateUser-c802f0e8
· 2025-12-17 17:15
This whale is really dumping, and TWAP is being used... Looks like they came prepared.
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