On-chain trading signals emerged as two major whale addresses moved to accumulate HYPE on Hyperliquid amid positive price action. Whale '0xF56' sold 1,733 XAUT at $4,520 each, converting $7.83 million into 10.2 million USDC to buy 103,636 HYPE tokens, opening a 5x long position. Another whale, '0x688', deposited 4.87 million USDC to purchase 102,055 HYPE tokens at $47.75 each.
BlockBeats report, May 18: According to Onchain Lens monitoring, the whale "0xF56" sold 1,733 XAUT at a price of 4,520, receiving $7.83 million, then deposited 10.2 million USDC into Hyperliquid, purchased 103,636 HYPE, and opened a 5x leveraged long position on HYPE.
Another whale, "0x688", deposited 4.87 million USDC into HyperLiquid and bought 102,055 HYPE at $47.75.
