A whale that had been dormant for five months has returned and has spent $1.73 million to buy nearly 70,000 HYPE tokens.

After more than five months of inactivity, an address injected $2.5 million USDC into HyperLiquid and used $1.73 million of it to purchase 69,975 HYPE tokens. It currently holds approximately $765,600 USDC and is suspected of continuing to add to its position.