A whale has resumed HYPE accumulation, adding over $20M in tokens alongside a sizable USDC reserve for potential future purchases.
A cryptocurrency whale previously noted for selling HYPE at a loss has deposited 4 million USDC to resume buying after a two-month break, according to Lookonchain. The wallet now holds 591,470 HYPE valued at $20.17 million and retains 2.43 million USDC, likely set aside for additional HYPE purchases. This activity signals renewed confidence or strategic positioning in the asset despite prior losses.