According to ChainCatcher news, monitored by Spot On Chain, when HYPE surpassed PEPE to become the 20th largest token by market capitalization, multiple whale addresses began to accumulate HYPE. Specifically:
Address 0x007 cross-chained and invested 3.96 million USDC 9 hours ago, purchasing 151,277 HYPE at an average price of about $26.19;
Address 0x721 deposited 2.6 million USDC 11 hours ago, purchasing 99,546 HYPE at an average price of about $26.14, currently holding 107,198 HYPE (worth about $2.76 million), and has accumulated profits of $3.33 million on Hyperliquid;
Address 0x602 cross-chained 2 million USDC in the past 20 hours and invested $911,000 to purchase 37,017 HYPE at an average price of about $24.6.