Whale Wallets Accumulate Over $17M in HYPE on HyperLiquid

Multiple whale addresses continued building HYPE positions on HyperLiquid on December 18, with cumulative purchases exceeding $17M, OnchainLens data show. A newly created address (0x23A) deposited $7.1M USDC and bought 277,420 HYPE at $25.59 each, while whale address (0xE86) added 414,997 HYPE worth about $10.19M after depositing $10M USDC, bringing its two-day total deposits to $15M. Address (0xE86) still holds $5.7M USDC for potential further purchases and has staked 501,494 HYPE valued at roughly $12.3M, and another whale address (0x5Ae) deposited $20M USDC and placed orders to purchase HYPE at $15.