TechFlow News, July 11 — According to on-chain analytics platform Lookonchain (@lookonchain), over the past 24 hours, three whales/institutions deposited 37.17 million USDC into Hyperliquid to purchase HYPE, acquiring a total of 390,434 HYPE tokens (worth $17.81 million). One whale, possibly linked to Anchorage Digital, created five new wallets and deposited a combined 22.5 million USDC, buying 139,662 HYPE tokens (worth $6.37 million). Whale 0x7E4E deposited 8.48 million USDC, purchasing 188,449 HYPE tokens at $45 each. Whale 0x34b6 deposited 6.19 million USDC, acquiring 62,322 HYPE tokens (worth $2.84 million).
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