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A certain whale bought 397,000 HYPE in the past 3 days and staked all of it, worth approximately $29.29 million.

BlockBeats news, November 12, according to on-chain analyst Yu Jin's post, after Hyperliquid's native token HYPE retraced 26% from $96 to $71 this month, a suspected whale or institution bought 396,811 HYPE through multiple trading platforms over the past 3 days, amounting to approximately $29.29 million, and deposited all purchased tokens into staking about 6 hours ago.

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