$HYPE is catching the interest of major crypto investors despite the recent drop in the token's value.
Strategic Whale Accumulation
Crypto investor with address 0x643 acquired 72,792.5 $HYPE tokens at a cost of 1.75 million USDC. Following this, investor 0x336 invested 3.15 million USDC to obtain 131,160 $HYPE tokens. The average purchase price was $24.04 per token, indicating the token's current attractiveness.
HyperLiquid: A Preferred Venue
HyperLiquid has grown in popularity among whales due to its dynamic environment and deep liquidity. It has recently become a go-to for new token listings such as $BERA, $TRUMP, and $MELANIA, making it appealing for large investors.
Why Whales Are Diving In
The present decline in the token's value did not deter strategic whales. Experts note strong buying behavior during a market dip suggests that investors are confident in the token’s growth potential. The current valuation of $HYPE exceeds $3 million with a token price of $23.45.
As $HYPE captures high-value investor attention, the market waits to see if the token can rebound from its recent dip. Meanwhile, HyperLiquid strengthens its market position, becoming a platform to watch for developments in $HYPE.
