A wallet deposited 3 million USDC into HyperLiquid and spent $2.018 million to buy HYPE tokens.

CoinFeed reported on March 18 that, according to Onchain Lens monitoring, a wallet associated with crypto investor Rudy Kadoch deposited 3 million USDC into HyperLiquid for the first time and spent $2.018 million to buy 50,330 HYPE. The wallet still has $981,987 worth of open orders to continue buying HYPE.