Whale Continues HYPE Accumulation with $10 Million Single Transaction

An anonymous whale has made another significant purchase of HYPE tokens, spending approximately $9.91 million in a single transaction.

The recent buy is part of an ongoing accumulation strategy by the whale, which has acquired over 1.89 million HYPE tokens worth around $159 million over the past eight months.

All purchased tokens have been staked, according to Lookonchain data, and on-chain movements indicate that the latest transaction was linked to staking activity in Hyperliquid's system.