According to on-chain analyst Ai Yi (@ai_9684xtpa), venture capital firm No Limit Holdings is expected to buy $2.5 million worth of HYPE at prices between $31.88 and $35.88. The address 0x4c6…e015a deposited $7.26 million in USDC into Hyperliquid half an hour ago, of which $4.76 million has been transferred to four other addresses, while the remaining funds have been used to place buy orders for HYPE; HYPE is currently trading at $38.60.
VC firm No Limit Holdings to purchase $2.5M worth of HYPE between $31.88 and $35.88
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Summary
VC firm No Limit Holdings is set to purchase $2.5 million worth of HYPE between $31.88 and $35.88, according to on-chain analyst Aiye. The address 0x4c6…e015a deposited $7.26 million in USDC to Hyperliquid, with $4.76 million sent to four addresses and the remainder used for buy orders. HYPE is currently trading at $38.6. Altcoins to watch may include HYPE, as this move could impact the Fear & Greed Index.
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