$HYPE Reaches 100,000 On-Chain Holders as Whale Makes a Bold Move
HyperLiquid platform and its native token, $HYPE, have seen a recent surge in popularity, with $HYPE now having more than 100,000 on-chain holders. This moment underscores the growing interest in the platform, which is gaining a solid foothold in the decentralized finance (DeFi) sector. And it's not just the little guys who are taking notice—big institutions are also starting to play in the space. https://twitter.com/HyperliquidNews/status/1907713983387242681?t=-GUdRAJKXS6_veughL539g&s=19 In a dramatic display of confidence (or maybe strategy) in the potential of $HYPE, a whale recently made a sizeable transaction that saw the transfer of a staggering 5 million USDC into the HyperLiquid platform. This deposit allowed the whale to grab 406,888 $HYPE tokens at a price of $12.3 each, bringing their total $HYPE holdings to an impressive 700,214.3 tokens, valued at approximately $8.68 million. Despite the not-so-ordinary size of the whale's buy, the […]