Whale 0x005a accumulates $4.45M in HYPE via spot buys and leveraged longs, signaling a high-risk directional strategy.
Wallet 0x75AE secures $1M in HYPE tokens and transfers them to HyperEVM, indicating potential liquidity or protocol deployment.
Tactical HYPE accumulation suggests whales are betting on explosive price moves amid concentrated, high-conviction on-chain activity.
Two whale wallets accumulated over $5 million in HYPE tokens in under five hours, mixing large spot buys with leveraged trading and strategic token transfers. Both addresses used the HIP-2 protocol, signaling concentrated exposure on HYPE with no apparent portfolio diversification.
Wallet 0x005a Opens 4x Leveraged Long While Building Spot Holdings
According to a post by Lookonchain, wallet 0x005a spent $3.99 million USDC acquiring 110,824 HYPE tokens at around $36 each and simultaneously opened a 4x leveraged long position on HYPE-USD perpetual contracts. This wallet now holds a total of $4.45 million, split between $4.01 million in spot tokens and $442,000 in leveraged contracts.
https://twitter.com/lookonchain/status/1929729147678720068
The trades reflect a strong directional conviction in HYPE’s price, with the leveraged position carrying 41,109 tokens at an entry price of $36.13. Despite a slight unrealized loss of about $4,700 and funding fees, the liquidation price is set significantly lower at $26.59, providing some buffer against downside risk.
The post confirms how the wallet executed five coordinated transactions within minutes, all routed from HIP-2 to the same address, indicating automated or self-directed strategy execution with no staking or vault participation.
Whale 0x75AE Consolidates HYPE Before Sending $1M to HyperEVM
Simultaneously, wallet 0x75AE spent $1.01 million USDC to buy 27,773 HYPE tokens at prices between $36.24 and $36.47. Following these purchases, all tokens were transferred to HyperEVM, signaling a possible protocol deployment or liquidity provision event.
According to Lookonchain, this wallet shows no leveraged positions or staking activity and holds only negligible spot assets post-transfer. The buying pattern and fast token movement reveal a focused approach with consistent pricing and rapid execution, underscoring tight asset management.
Outlook: Leveraged Positions and Spot Inflows Indicate Tactical Positioning
This wallet activity signals a high-risk, zero-diversification strategy focused entirely on HYPE. One whale maximizes exposure through leverage, while the other appears to prepare for protocol engagement with a large token transfer.
This means prices that could take HYPE explosively higher may be on the horizon if institutional or protocol-level involvement continues. However, funding fees and liquidation thresholds keep leveraged traders cautious. Many believe current on-chain flows reflect a tactical accumulation phase ahead of broader market moves.
The post Massive $5M Whale Accumulation Signals Tactical Positioning Ahead of HYPE Market Moves appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
