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A whale makes a major purchase of $HYPE, diversifying across multiple wallets to build a position of over $9.6 million.
ME News Report, May 14 (UTC+8), on-chain analysis platform Lookonchain detected that two major whale addresses are actively increasing their holdings of $HYPE. Address 0x4c64 has deposited 7.26 million USDC into Hyperliquid, placing buy orders for $HYPE between $30.88 and $35.88 using multiple wallets; while address 0x7fA7 has deposited 2.43 million USDC and used this amount to purchase 62,230 $HYPE. The total amount of these two transactions exceeds 9.6 million USD. (Source: MLion)