A whale bought 250,000 coins on the dip after the hype, with a scale of over $10 million

BlockBeats News, April 29th, according to Hyperinsight monitoring, today after HYPE hit bottom and rebounded to around $40, a whale with an address starting with 0x66f initiated a large-scale HYPE spot buy on the Hyperliquid platform. Currently, the whale has placed 2 buy orders in a time-weighted average price (TWAP) manner, with a total size of approximately 250,000 tokens, equivalent to about $10.1 million at the current price.

As of the time of writing, one of the orders is close to completion. There is still approximately $4 million worth of HYPE spot buy planned to be executed within the next 7 hours.

Address: 0x66f463866512fc337c89bad2032acbe38ee38836