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A new address is accumulating 113,000 HYPE, intending to continually accumulate approximately $2 million worth of HYPE using a TWAP strategy.
BlockBeats News, December 18th, according to MLM Monitor, a newly created wallet address minted $12.1 million USDC on Arbitrum, then deposited $5.1 million into Hyperliquid, and purchased 113,000 HYPE tokens (approximately $3 million) and 0.5 BTC (approximately $43,000).
Currently, the wallet is executing a TWAP strategy to continue buying approximately $2 million worth of HYPE in the next 50 minutes, while still holding around $7 million USDC on the Arbitrum network.
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