Whale Invests $8.8M USDC in HYPE, Sees $7.16M Unrealized Gain
Onchain Lens data shows a crypto whale has made two major USDC deposits into the HyperLiquid platform to acquire HYPE tokens over the past nine months. The first 2.8 million USDC purchase secured 52,020 HYPE at an average price of $53.96, boosting its staked HYPE holdings to 420,556 tokens valued at $22.72 million. Nine months later, the whale injected another 6 million USDC to buy 285,466 HYPE—now valued at $12.99 million with an unrealized gain of $7.16 million—and still holds 2.06 million USDC for further HYPE buys. This sustained HYPE accumulation highlights growing institutional interest, potential liquidity tightening on HyperLiquid and bullish momentum. Traders should monitor HYPE price action, whale on-chain flows, staking ratios, platform liquidity and USDC inflows for signs of market sentiment shifts and possible price movements.
Bullish
The whale’s repeated and sizable USDC deposits to purchase and stake HYPE indicate strong accumulation pressure and reduced liquidity on HyperLiquid, which supports upward price momentum. The significant unrealized profit and remaining USDC reserves suggest continued buying interest. In the short term, follow-on demand may drive volatility and upward moves, while long-term staking commitment signals confidence in HYPE’s fundamentals—aligning with a bullish outlook.