According to Spot On Chain monitoring, as Hyperliquid's HYPE token surpasses PEPE to reclaim the status of the 20th largest token by market cap, whales are accumulating HYPE.
A whale starting with '0x007' spent 3.96 million USDC to purchase 151,277 HYPE 9 hours ago, with an average purchase price of $26.19;
A whale starting with '0x721' spent 2.6 million USDC to purchase 99,546 HYPE 11 hours ago, with an average purchase price of $26.14. They currently hold 107,198 HYPE (2.76 million USD), with a total profit of 3.33 million USD on Hyperliquid;
A whale starting with '0x602' bridged 2 million USDC in the past 20 hours and spent $911,000 to purchase 37,017 HYPE, with an average purchase price of $24.6.