Just checked on-chain data, and a major holder bought another 215,056 HYPE tokens on Galaxy Digital's OTC desk, worth approximately $8.84 million, based on the latest price of $41.08.



Even more interesting, this address has been gradually accumulating over 540k tokens in the past 18 days, with the total holding now soaring to over $540k. It seems to be steadily building a position on over-the-counter trading platforms, maintaining a pretty consistent pace.

These large OTC transactions are usually conducted by institutions or top whales, indicating that someone is still quite optimistic about HYPE's future performance.
HYPE-0,27%
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