A new wallet purchased 113,000 HYPE and will continue to accumulate approximately $2 million worth of HYPE.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
July US Construction Spending Falls, Residential Building Declines
MT newswire•2026/09/01 14:09
US Stock Movement | Novartis (NVS.US) rises over 5% after successful late-stage trial of oral MS drug
On Tuesday, Novartis (NVS.US) rose over 5%, closing at $160.82.
智通财经•2026/09/01 14:06
Chemomab director Neil Harris Cohen disposes of $6,515.40 in ADS shares
Reuters•2026/09/01 14:06
Crypto prices
More
Bitcoin
BTC
$78,241.37
+0.43%
Ethereum
ETH
$2,450.24
+0.39%
Tether USDt
USDT
$0.9996
-0.05%
BNB
BNB
$687.67
+0.29%
XRP
XRP
$1.38
+1.09%
USDC
USDC
$0.9999
-0.02%
Solana
SOL
$102.34
-0.08%
TRON
TRX
$0.3257
-2.10%
Hyperliquid
HYPE
$83.92
+3.79%
Zcash
ZEC
$857.41
+4.37%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now