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Whale "qianbaidu.eth" Spends $2.05 Million to Buy HYPE, Increasing Total Holdings to $10 Million

By: theblockbeats.news|2025/09/08 00:32:41

BlockBeats News, September 8th, according to Onchain Lens monitoring, multiple whales are accumulating HYPE on HyperLiquid. The whale "qianbaidu.eth" deposited $2.05 million to buy HYPE on Hyperliquid, currently holding a total of 213,636 HYPE purchased at an average price of $46.85, with a total value of $10 million.

In addition, the whale "0x746" deposited 2 million USDC into Hyperliquid, buying 42,449 HYPE at a price of $47.35 per HYPE.

The issuance rights of the USDH stablecoin under Hyperliquid have attracted several institutional bidders, including Paxos and Frax, who have submitted bidding proposals.

Due to its inclusion in the S&P 500 Index, Robinhood (HOOD) surged over 7% in after-hours trading.