Lookonchain reported that a newly created wallet deposited $7.45 million in USDC to Hyperliquid and bought 168,837 HYPE at an average price of about $44 over the past three hours. The wallet has already staked around 60,000 HYPE, valued at roughly $2.61 million. The update revises the earlier reported purchase size and staking amount, indicating a larger staking allocation than previously noted.