According to on-chain analyst Yujin, a large whale transferred 19 million USDC to Hyperliquid before HYPE reached a new high, then used 16.3 million USDC to buy 304,000 HYPE at an average price of $53.7. As HYPE rose to $63.5, this trade generated a $2.97 million unrealized profit.
Whale buys 304,000 HYPE tokens for a $2.97M profit
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Summary
A whale deposited 19 million USDC into Hyperliquid, using 16.3 million to purchase 304,000 HYPE tokens at $53.70 each. As HYPE rose to $63.50, the trade generated a $2.97 million floating profit. This on-chain activity underscores significant movement in the token market and provides timely crypto price updates for traders monitoring HYPE’s performance.
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