Whales Accumulate HYPE as Millions Flow Into Hyperliquid
Whales pour millions into $HYPE and $PUMP via Hyperliquid, signaling growing interest in the tokens.
- Two wallets invested over $12M in $HYPE and $PUMP
- 0x7E4E bought $4.88M worth of $HYPE
- Whale interest may signal bullish momentum for $HYPE
The crypto market is once again seeing signs of strong whale activity—this time around $HYPE, the rising digital asset traded on Hyperliquid. Over the last 24 hours, two major crypto wallets deposited over $12 million in stablecoins to buy large amounts of $HYPE and $PUMP, sparking buzz across the community.
Wallet 0x7E4E led the charge by depositing $8 million USDC into Hyperliquid. Out of that, $4.88 million went into purchasing 86,322 HYPE tokens, while the remaining $2.74 million was used to buy a whopping 466.68 million PUMP tokens.
Meanwhile, another address, 0x1abD, deposited $4.58 million USDC into Hyperliquid, focusing entirely on acquiring more $HYPE. While the exact number of tokens acquired hasn’t been disclosed, the size of the investment clearly reflects a bullish sentiment.
What Does This Mean for $HYPE?
Whale activity is often considered a signal of confidence. When deep-pocketed investors make such large moves, it can indicate that they foresee potential price growth or upcoming catalysts. While $HYPE may still be in its early stages, these transactions are pushing it further into the spotlight.
Not only does this kind of demand potentially reduce market supply, but it also draws attention from retail investors looking to ride the wave. As more whales continue to move in, the narrative around $HYPE could shift from speculative to strategic.
Whale Moves Could Boost Market Confidence
Large-scale investments by whales often serve as unofficial endorsements of a token’s potential. In the case of $HYPE and $PUMP, the trust placed in Hyperliquid as a trading platform adds another layer of credibility. Whether this marks the beginning of a longer-term trend or a short-term play, it’s clear that $HYPE is on the radar of major players.
Keep an eye on wallet movements and trading volume—it might just give you a hint of what’s coming next.
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