Multiple addresses bought HYPE worth 17.81 million USD in total during the day, suspected institutional participation
Odaily News According to Lookonchain monitoring, in the past 24 hours, three whales or institutional addresses deposited a total of 37.17 million USDC to Hyperliquid to purchase HYPE, and purchased a total of 390,434 HYPEs, with a contract value of 17.81 million US dollars.
One of the addresses is suspected to be related to Anchorage Digital. It deposited $4.5 million USDC through 5 newly created wallets, totaling $22.5 million, and has purchased 139,662 HYPEs (US$6.37 million).
In addition, address 0x7E4E deposited $8.48 million USDC and bought 188,449 HYPE at an average price of $45; address 0x34b6 deposited $6.19 million USDC and purchased 62,322 HYPE.
You may also like

Kraken Delists Tether’s USDT and Four Other Stablecoins in Europe Under MiCA Rules – Updates as of August 14, 2025
Imagine navigating the ever-shifting waters of cryptocurrency regulations – it’s like steering a ship through a storm, where…

WEEX 2025 Global Offline Events Hub
From the vibrant streets of Hong Kong to the sunlit shores of Lisbon, 2025 marks a defining year for WEEX on the global stage.
WEEX Steals the Show at BlockchainRIO 2025: First LATAM Appearance Unlocks Brazil’s Crypto Potential
In 2025, WEEX lit up Latin America with its debut at BlockchainRIO as Platinum Sponsor. With bold vision and unstoppable momentum, the rising exchange made waves across the region’s crypto scene.

France Initiates Criminal Probe into X Over Alleged Algorithmic Manipulation as EU Oversight Escalates
Imagine a social media giant like X, once a hub for free expression, now under the microscope for…

PayPal and Venmo Expand Crypto Options with Solana and Chainlink Transfers in 2025
As of August 12, 2025, the world of digital payments is buzzing with excitement. Imagine having the power…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]