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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
#巨鲸动向 【On-Chain Data Tracking】An interesting trading signal has just surfaced— a major whale account has become active again after disappearing for over five months, directly investing 2.5 million USDC on HyperLiquid.
The move was swift: $1.73 million used to buy nearly 70,000 HYPE tokens, with over 760,000 USDC still held in reserve, waiting on the sidelines. Currently priced at $25.27, HYPE is still far from its previous high of $59.3, but the whale's re-accumulation pace is worth noting.
Why does this operation attract attention? HYPE has a deflationary design with 97% of trading fees used for buybacks, a mechanism rarely seen in bear markets. Historically, whales holding HYPE for nine months have achieved over $100 million in profits, indicating that this re-positioning is not a casual move.
On-chain data is speaking, and market rhythm is changing. Whether to bottom fish or chase the rally depends on your ability to interpret these signals—by observing large transactions, capital flows, and project fundamentals, you can find the rhythm in the rebound.