HYPE whale qianbaidu.eth raises stake to 61,032 tokens worth $4.16 million

The wallet, which has realized $4.78 million in profit, deposited 2.34 million USDC and placed a buy order for 34,489 HYPE at $68.10, with some orders already filled.

ETH
USDC
HYPE

Summary

HYPE whale qianbaidu.eth increased its position to 61,032 HYPE valued at $4.16 million after adding fresh buying interest, PANews reported on July 10, citing Onchain Lens. The wallet has realized $4.78 million in profit and, minutes earlier, deposited 2.34 million USDC before placing a buy order for 34,489 HYPE at $68.10. Some of those orders had already been filled, indicating the trader was still building exposure.

Terms & Concepts
  • HYPE whale: A large holder or trader of HYPE tokens.
  • USDC: A dollar-pegged stablecoin used for trading and transfers.
  • buy order: An instruction to purchase an asset at a set price.