Accumulated purchases of $17.81 million in HYPE from multiple addresses within the day, suspected to involve institutional involvement

Odaily Planet Daily News: According to Lookonchain monitoring, in the past 24 hours, three whales or institutional addresses have deposited a total of $37.17 million USD into Hyperliquid to purchase HYPE, buying a total of 390434 HYPE with a contract value of $17.81 million. One of the addresses is suspected to be related to Anchorage Digital, where $4.5 million USDC was deposited into five newly created wallets, totaling $22.5 million. 139662 HYPEs ($6.37 million) have been purchased. In addition, address 0x7E4E deposited $8.48 million in USDC and purchased 188449 HYPE at an average price of $45; Address 0x34b6 has deposited 6.19 million USD in USDC and has purchased 62322 HYPEs.