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According to on-chain data monitoring, among the top 75 investors holding HYPE tokens, the address 0x7BE...480D8 has continued to increase its HYPE position. This address recently transferred 4.07 million USDC stablecoins to the Hyperliquid platform and subsequently used all the funds to purchase HYPE tokens.
This operation not only propelled the investor up 8 positions in the HYPE holdings leaderboard but also increased their total holdings to 487,209.95 HYPE. At the current market price, the market value of this holding is approximately 18.65 million USD. It is worth noting that the investor has already realized a paper profit of 1.535 million USD.
This move has sparked widespread attention in the market regarding the future trend of the HYPE token. Continuous accumulation by large holders is often seen as a positive signal for the project's prospects, but it also reminds ordinary investors to carefully assess the risks. As the cryptocurrency market continues to evolve, similar large-scale capital flows may significantly impact the prices of related tokens.