$HYPE A whale has made a bold move, depositing $5.09 million in $USDC into HyperLiquid and snapping up 114,545 HYPE tokens at $44.48 each

This follows a previous $HYPE trade where the whale pocketed over $640,000 in profit, showing their knack for riding the token’s volatility.

With $HYPE trading at around $44.10 and a $13.16 billion market cap, this purchase signals confidence in HyperLiquid’s DeFi ecosystem, though the token’s 20% dip in December 2024 highlights its rollercoaster nature.

What’s your take—is this whale doubling down on $HYPE’s potential for another big win, or risking a volatile dip in a crowded market?