An address has purchased 909,000 HYPE tokens from 30.5 million USDC, and still holds 14.5 million USDC.

PA一线
PA一线

PANews reported on January 29 that, according to on-chain analyst Yu Jin, after more than ten hours of continuous buying, the address that transferred 45 million USDC to Hyperliquid yesterday to purchase HYPE has already converted 30.5 million USDC into 909,000 HYPE, at an average price of $33.5.

The purchases are still ongoing, and the remaining 14.5 million USDC should all be used to buy HYPE today.

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Author: PA一线

This content is for market information only and is not investment advice.

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A whale holding long positions in HYPE has already made a profit exceeding $12 million.
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A certain whale's 5x leveraged long position in HYPE has suffered a floating loss of over $23.3 million.

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