ChainCatcher report: According to on-chain analyst Ai Yi, venture capital firm No Limit Holdings is expected to buy $2.5 million worth of HYPE at prices between $31.88 and $35.88. Half an hour ago, address 0x4c6…e015a deposited 7.26 million USDC into Hyperliquid, transferring 4.76 million USDC to four other addresses, with the remaining funds used to place buy orders for HYPE; HYPE is currently trading at $38.60.
VC firm No Limit Holdings places 2.5 million USDC buy orders for HYPE below $35.88
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Summary
On-chain data shows that VC firm No Limit Holdings is poised to purchase $2.5 million worth of HYPE between $31.88 and $35.88. The address 0x4c6…e015a deposited $7.26 million in USDC to Hyperliquid, transferring $4.76 million to four other addresses and using the remainder for buy orders. HYPE is currently trading at $38.60. This activity places HYPE on the list of altcoins to monitor.
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