Whale Deposits 4 Million USDC Into HyperLiquid, Buys $2.45 Million of HYPE
Suehyeon Lee
Summary
- A whale investor deposited 4 million USDC into decentralized exchange HyperLiquid.
- The new wallet deposited 4 million USDC and bought about 38,337 HyperLiquid (HYPE) tokens worth $2.45 million.
- The whale also left open orders for additional purchases, indicating it may further increase its holdings.
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A whale investor deposited 4 million USDC into decentralized exchange HyperLiquid and then bought a large amount of the platform's HYPE token.
Onchain Lens said July 30 that a newly created wallet deposited 4 million USDC into HyperLiquid and began accumulating HYPE. The whale has so far bought about 38,337 HYPE tokens worth a total of $2.45 million.
The wallet also has open orders for additional purchases, indicating the investor may further increase its holdings.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.