COINOTAG News, citing Onchain Lens data on December 30, shows a high‑value crypto participant moving USDC into the HyperLiquid venue and deploying 2.78 million USD to acquire HYPE at a calculated average price of $25.63. The transaction reflects deliberate liquidity provisioning and consolidated exposure to the token, suggesting an intent to scale position size within the ecosystem.
Separately, the same address holds 10,030 HYPE tokens earmarked for staking, reflecting a common practice of deploying tokens into reward programs to enhance yield. This activity, monitored by Onchain Lens, signals persistent institutional interest rather than fleeting momentum and may influence near-term liquidity and pricing dynamics as investors reassess risk and return in the HyperLiquid ecosystem.
Source: https://en.coinotag.com/breakingnews/whale-deposits-3m-usdc-into-hyperliquid-buys-108501-hype-for-2-78m-at-25-63-and-holds-10030-hype-for-staking
