Recent blockchain transactions show the trader re-entered HYPE with a $3.84M position and opened a $7M ZEC long after prior ETH acquisition.
An on-chain analyst deposited 2.64M USDC to Hyperliquid, transferring 1.5M USDC to spot and purchasing 59,431.49 HYPE at $25.24. He now holds 150,000 HYPE worth $3.84M at an average cost of $25.61, carrying a $95K unrealized loss, and has opened a $7M long position in ZEC. This activity follows earlier moves where the trader liquidated HYPE for 5.78M USDC and bought 1,844 ETH for a multimillion-dollar profit.