An address has purchased 909,000 HYPE with 30.5 million USDC and still holds 14.5 million USDC.

HYPE-1,46%

PANews January 29 News, according to on-chain analyst Yu Yan’s monitoring, after more than ten hours of continuous purchasing, the address that transferred 45 million USDC into Hyperliquid for the purchase of HYPE has already bought 30.5 million USDC worth of 90,900 HYPE, at an average price of $33.5. The purchase is still ongoing, and the remaining 14.5 million USDC should also be fully converted into HYPE today.

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