TechFlow, August 15 — According to on-chain analyst Ejin, a newly created address purchased 466,000 HYPE tokens worth approximately $21.45 million within the past 6 hours. After being created early this morning, the address withdrew 23.51 million USDC from Binance and Crypto.com and deposited them into Hyperliquid, subsequently buying 466,000 HYPE tokens at $45.69 each (about $21.45 million) and 2.16 million UFART tokens at $1.02 each (about $2.14 million).
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