Major player in the HYPE market: New accumulations in the last two weeks

Blockchain monitoring reveals interesting activity: one of the large investors has reinvested in HYPE tokens. Over the past 14 days, they acquired 490,000 HYPE worth approximately $12.1 million, indicating strategic accumulation at current price levels.

Whale Transaction History

This player’s capital trail dates back to July of this year. From July to October, they invested a total of 581,000 HYPE tokens valued at around $14.4 million. At that time, part of the assets – exactly 323,000 HYPE ( worth $8 million USD ) – was transferred to Hyperliquid through related wallets, likely executing a diversification strategy or preparing for further actions.

Market Significance

Considering the current HYPE price at $24.55, the current accumulation of $12.1 million represents significant capital involvement. This behavioral pattern suggests that a large investor sees potential in the project and is systematically building a position as market conditions improve.

Such a strategy – combining previous investments with new purchases – typically indicates long-term interest in the project or preparation for larger market moves.