Data: A whale deposited 8 million USDC into Hyperliquid to long HYPE tokens in the past 17 hours

ChainCatcher news, according to on-chain data analysis platform Spot On Chain, a cryptocurrency whale deposited 8 million USDC into the decentralized exchange Hyperliquid to go long on HYPE tokens.

This address was previously one of the largest holders of ENA tokens, and during the period from April to June 2024, it incurred an investment loss of approximately 13.01 million dollars due to ENA token investments, with a decline of 43.5%. Currently, the price of HYPE tokens has increased by 8% on the day.