Two whale addresses each spent $2 million today to increase their holdings of HYPE tokens.

CoinFeed reported on March 25th that, according to Onchain Lens monitoring, two whale addresses each spent $2 million to increase their HYPE token holdings today. Whale "0x96d" deposited 2 million USDC into Hyperliquid, increasing its HYPE position to 427,851 HYPE, buying $15.08 million worth at a price of $35.24. The current value is approximately $17.2 million, resulting in a profit of approximately $2.14 million. A newly created wallet, "0xa58," deposited 2 million USDC and bought 51,850 HYPE at a price of $38.57.