There's an interesting on-chain development. A certain address recently injected another 1 million USDC into Hyperliquid, continuing to increase its HYPE holdings.



Since December 17, this address has been quite active — a total of 12.06 million USDC has been added to Hyperliquid to continuously buy HYPE. Roughly calculating, the average entry price is around $25.07, resulting in approximately 4.81 million HYPE tokens acquired.

This pattern of large, sustained capital inflows hints at institutional or major investor interest in HYPE's future trajectory. Single transactions of millions of USDC suggest either confidence in further price increases or active strategic positioning. The actual trend will depend on subsequent market performance.
HYPE1,71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
GasOptimizervip
· 01-10 05:34
Whoa, this pace is off. A total of 12,060,000 USDC in one go—are they really optimistic or just gambling?
View OriginalReply0
ser_we_are_ngmivip
· 01-10 05:29
Damn, this guy is really going all-in on HYPE, over 12 million USDC, bro... Big players are big players. This continuous money-spreading pace is indeed a bit interesting. Either they've truly seen through something, or they're just gamblers. Anyway, I can't understand it haha. Can HYPE really take off this time? Buying in at an average of $25 with so much... I'll wait and get in later, afraid of getting cut. Institutions are deploying, but us small retail investors can only follow the trend. That's the tragedy of Web3. This address can't be a scam or phishing, right? It's too frequent, which seems a bit suspicious.
View OriginalReply0
not_your_keysvip
· 01-10 05:11
The big players are buying aggressively, it feels like it's about to take off. I need to keep up too.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)