The crypto market has new developments! 🎉 According to Spot On Chain monitoring, the HYPE token has surpassed PEPE again, becoming the 20th largest token by market capitalization, drawing the attention of whales.

First, address 0x007 invested 3.96 million USDC across chains 9 hours ago, purchasing 151,277 HYPE at an average price of about $26.19. It appears this investor is confident about HYPE's future.

Secondly, address 0x721 invested 2.6 million USDC 11 hours ago, acquiring 99,546 HYPE at an average price of $26.14, currently holding 107,198 HYPE, valued at about $2.76 million, and has made a profit of $3.33 million on Hyperliquid.

Finally, address 0x602 transferred 2 million USDC across chains in the past 20 hours and purchased 37,017 HYPE at an average price of $24.6.

Do these actions by the whales indicate the future trend of HYPE? We will wait and see. 🔍