A certain whale bought 250,000 spot tokens after the HYPE drop, with a scale exceeding 10 million dollars
According to market news, after HYPE rebounded to around $40, a whale starting with 0x66f on the Hyperliquid platform initiated a large-scale HYPE spot buy. Currently, two buy orders are placed using TWAP (time-weighted average price), totaling approximately 250,000 tokens, which is about $10.1 million at the current price. As of the time of writing, one of the orders is close to being fully executed. There is still a plan to continuously buy about $4 million worth of HYPE spot within 7 hours at the address: 0x66f463866512fc337c89bad2032acbe38ee38836.
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