A new wallet purchased 113,000 HYPE and will continue to accumulate approximately $2 million worth of HYPE.
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On December 18, a newly created wallet address minted 12.1 million USDC on Arbitrum, then deposited 5.1 million USDC into Hyperliquid, and purchased 113,000 HYPE (approximately 3 million USD) as well as 0.5 BTC (about 43,000 USD). This wallet is continuing to buy around 2 million USD worth of HYPE over the next 50 minutes using a TWAP strategy, with approximately 7 million USDC still remaining on the Arbitrum network.
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