PANews reported on December 20th that, according to on-chain data monitoring, a whale purchased 581,000 HYPE tokens (worth approximately $14.4 million) between July and October this year, and then transferred 323,000 HYPE tokens (worth $8 million) to the Hyperliquid platform through a linked wallet. In the past 14 days, this whale has purchased another 490,000 HYPE tokens (worth $12.1 million), likely attempting to lower its average cost.
A whale is suspected of averaging down its investment by buying 490,000 HYPE tokens in the past 14 days, worth approximately $12.1 million.
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Author: PA一线
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