A certain whale wallet has recently been operating on HYPE again, and its actions are worth paying attention to. The account recharged 2.64 million USDC to the trading platform 5 hours ago, then transferred 1.5 million of it into the spot account, and subsequently bought 59,431.49 HYPE at an average price of $25.24.
After this operation, the total position of this wallet on HYPE reached 150,000 tokens, with a book value of $3.844 million. However, the average cost is $25.61, and at the current price, it’s a floating loss of $95,000. It seems to be gradually lowering the cost and increasing the position step by step, indicating a fairly optimistic view of HYPE’s medium to long-term performance. Large traders’ movements often reflect market confidence, and this order just provides us with a window to observe the market participants’ mindset.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
GweiWatcher
· 01-15 12:07
The big whale is buying the dip in HYPE again, this rhythm really feels like a strategic move.
View OriginalReply0
DeFi_Dad_Jokes
· 01-15 12:01
Whales are adding positions, should we follow?
---
This guy really has confidence in HYPE, unrealized losses are still piling up.
---
A $3.84 million position, just looking at it makes me nervous.
---
Playing the low-cost strategy so skillfully, but I don't know where the bottom is.
---
Big player movements = market signals? I always feel like we're betting on the big players' bets.
---
15,000 HYPE, that must be a lot of conviction.
---
Buying nearly 60,000 units in one go, that's a significant move.
---
Should we follow the trend now or wait and see? I'm really not sure.
---
Unrealized losses of 95,000 still didn't scare him off, his execution is top-notch.
---
Oh my God, $2.64 million USDC just went in like that?
---
Honestly, watching big players operate is sometimes a form of gambling.
View OriginalReply0
RektButAlive
· 01-15 11:54
The whales are adding to their positions again. It seems they are really optimistic about HYPE. I also followed suit and bought the dip.
View OriginalReply0
GateUser-1a2ed0b9
· 01-15 11:53
Whales are adding to their positions again. Is this telling us something?
A certain whale wallet has recently been operating on HYPE again, and its actions are worth paying attention to. The account recharged 2.64 million USDC to the trading platform 5 hours ago, then transferred 1.5 million of it into the spot account, and subsequently bought 59,431.49 HYPE at an average price of $25.24.
After this operation, the total position of this wallet on HYPE reached 150,000 tokens, with a book value of $3.844 million. However, the average cost is $25.61, and at the current price, it’s a floating loss of $95,000. It seems to be gradually lowering the cost and increasing the position step by step, indicating a fairly optimistic view of HYPE’s medium to long-term performance. Large traders’ movements often reflect market confidence, and this order just provides us with a window to observe the market participants’ mindset.