PANews reported on November 7th that, according to Spot On Chain monitoring, two whale addresses spent a total of 21.06 million USDC to purchase HYPE tokens over the past two days. Whale "0x5AE" spent 11.21 million USDC to purchase 285,821 HYPE tokens at an average price of $39.23, and still holds 2.79 million USDC as a reserve. Whale "0x152" invested 9.85 million USDC to purchase 249,073 HYPE tokens at an average price of $39.54, and still holds 703,000 USDC. Both whales are currently experiencing slight losses… but seem to be preparing for a major strategic move.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.