A whale has deposited 4 million USDC into HyperLiquid and started accumulating HYPE.

BlockBeats News, March 28th, according to OnchainLens monitoring, a whale address deposited 4 million USDC into Hyperliquid and started buying HYPE.

Currently, the address has accumulated over $2 million worth of 56,208 HYPE and still has a Time-Weighted Average Price (TWAP) order being executed, expected to further increase its position in about 10 hours.