According to Onchain Lens, a large holder added more USDC to increase its HYPE exposure, while a separate new wallet also used $2 million USDC to build a sizable position.
Onchain Lens reported that whale wallet 0x96d deposited $2 million in USDC and increased its HYPE holdings to about 427,800 tokens, compared with 427,851 tokens in the existing topic. The wallet’s average entry price was cited at $35.24, for a total cost of $15.08 million, with the position valued at roughly $17.20 million and showing about $2.14 million in unrealized profit. The update also said a new wallet deposited $2 million in USDC and bought about 51,800 HYPE at $38.57, compared with 51,850 tokens in the existing topic. The latest figures continue to indicate large-wallet accumulation of HYPE, though the exact token counts differ slightly between reports.