Suspected entity deposited 22.5 million USDC into Hyperliquid, and has purchased nearly 100,000 HYPE tokens.

BlockBeats News, July 11th, according to spotonchain monitoring, in the past 10 hours, 5 wallets (possibly belonging to the same entity) have each deposited $4.5 million USDC into Hyperliquid, totaling $22.5 million.

Among them, one wallet has bought 99,931.55 HYPE at an average price of $43.3, spending $4.33 million; another wallet is placing a $4.5 million limit order. The remaining $13.5 million from the other 3 wallets has not been used.