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A whale address deposited USDC into the Hyperliquid platform and made a large purchase of HYPE tokens.

GateNews
HYPE-1.36%

Gate News bot message, a whale with the address 0x7E…0107 deposited 8,768,800 USDC into the Hyperliquid platform at 5:06 AM UTC+8. According to HypurrScan data, the address subsequently used most of those funds to purchase 215,850.04 HYPE tokens at an average price of approximately 40.18 USD.

Arkham data shows that the Whale address 0x7E…0107 is associated with Polymarket and is a multi-signer of the contract 0x36…A436 deployed by Polymarket: Realyer.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
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