ChainCatcher message display, blockchain data monitoring platform Spot On Chain has discovered that a whale created a new wallet 26 hours ago and transferred 18.3 million USD in USDC to the Hyperliquid platform through a cross-chain bridge to purchase HYPE tokens. So far, this whale has invested 12.22 million USD to purchase 428,867 HYPE at an average price of 28.5 USD each. This large transaction has attracted widespread attention in the market, and investors are closely monitoring the price trend of HYPE tokens and their potential impact on the overall market.