Three major whales swept up over 37M USDC in 24 hours, accumulating 390,000 HYPE tokens.

On July 12 (UTC+8), on-chain data showed that in the past 24 hours, 3 whale/institutional addresses deposited a total of 37.17 million $USDC into Hyperliquid to purchase $HYPE, buying a total of approximately 390,434 $HYPE (approximately $17.81 million). Among them, a whale suspected to be related to Anchorage Digital deposited a total of 22.50 million $USDC in batches through 5 new wallets, purchasing 139,662 $HYPE (approximately $6.37 million); the other two whales purchased 188,449 and 62,322 $HYPE with 8.48 million $USDC and 6.19 million $USDC, respectively. The market continues to pay attention to the impact of concentrated capital inflows on the price of $HYPE. (Source: X platform) [MetaEra]