A whale address has spent 30.5 million U buying HYPE over the past day, with 14.5 million U remaining to continue buying.

BlockBeats News, January 29th, according to on-chain data analyst Yu Jin's monitoring, a whale address had previously transferred 45 million USDC to Hyperliquid to purchase HYPE. After more than ten hours of continuous buying, the address has purchased 30.5 million USDC worth of 909,000 HYPE, with an average price of $33.5. The current purchase is still ongoing, and the remaining 14.5 million USDC is also expected to be fully converted to HYPE today.