A whale deposited $2 million worth of USDC into HyperLiquid and purchased over 50,000 HYPE tokens.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address has recently been accumulating HYPE continuously: it first deposited $2 million in USDC into HyperLiquid and then purchased 50,080 HYPE tokens at an average price of $39.94.