Multiple whales accumulate HYPE at bottom prices, with potential buying power exceeding $35 million

TechFlow, Dec 18 — According to on-chain analytics platform Lookonchain (@lookonchain), multiple crypto whale addresses are heavily buying $HYPE tokens.

Data shows that address 0x5Ae4 deposited 20 million USDC into Hyperliquid and placed a limit buy order at $15;

Address 0xE867 deposited another 10 million USDC to continue purchasing $HYPE and currently holds 926,488 $HYPE tokens worth approximately $22.4 million;

Address 0x23Af deposited 7.1 million USDC and bought 277,420 $HYPE tokens at $25.60 per token.