Massive Whale Investment Fuels HYPE Token Surge

Two cryptocurrency whales made significant purchases of the HYPE token, injecting a whopping $14.9 million into the ecosystem within just three hours. This notable influx has sparked excitement and speculation about HYPE’s future growth. 0x7E4E led the charge with a bold investment of $9.97 million in USDC to acquire 259,367 tokens at an average price of $38.5. The investor’s commitment showcases strong confidence in the project’s potential. Meanwhile, 0x5dE5 took a strategic approach, investing another $4.94 million in HYPE by purchasing 126,353 tokens at an average price of $39.1. Notably, this entire purchase was immediately staked, suggesting a long-term outlook on the project.