Whale repositions in HYPE? Purchased 490,000 tokens within 14 days, suspected of lowering costs

2025-12-20 10:24:10

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【ChainNews】On-chain monitoring shows that a certain large holder has been active frequently during the summer and fall seasons this year. Between July and October, this whale spent approximately $14.4 million, acquiring 581,000 HYPE tokens in one go. Subsequently, through related addresses, 323,000 of these tokens (about $8 million) were moved to the Hyperliquid platform.

Interestingly, this strategic move did not stop there. In the past two weeks, this whale has returned—purchasing another 490,000 HYPE tokens worth $12.1 million. Judging by the operation rhythm, it seems to be aiming at lowering the cost basis. After all, phased accumulation and repeated buying are common tactics used by institutional-level players to reduce their holding costs. What kind of market trend HYPE tokens are brewing still needs further observation.

HYPE-2,55%

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