Multiple addresses bought HYPE worth 17.81 million USD in total during the day, suspected institutional participation
Odaily News According to Lookonchain monitoring, in the past 24 hours, three whales or institutional addresses deposited a total of 37.17 million USDC to Hyperliquid to purchase HYPE, and purchased a total of 390,434 HYPEs, with a contract value of 17.81 million US dollars.
One of the addresses is suspected to be related to Anchorage Digital. It deposited $4.5 million USDC through 5 newly created wallets, totaling $22.5 million, and has purchased 139,662 HYPEs (US$6.37 million).
In addition, address 0x7E4E deposited $8.48 million USDC and bought 188,449 HYPE at an average price of $45; address 0x34b6 deposited $6.19 million USDC and purchased 62,322 HYPE.
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