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Suspected entity deposited 22.5 million USDC into Hyperliquid, and has purchased nearly 100,000 HYPE tokens.

By: theblockbeats.news|2025/07/11 04:07:00

BlockBeats News, July 11th, according to spotonchain monitoring, in the past 10 hours, 5 wallets (possibly belonging to the same entity) have each deposited $4.5 million USDC into Hyperliquid, totaling $22.5 million.

Among them, one wallet has bought 99,931.55 HYPE at an average price of $43.3, spending $4.33 million; another wallet is placing a $4.5 million limit order. The remaining $13.5 million from the other 3 wallets has not been used.

Ethereum spot ETF had a total net inflow of US$383 million yesterday, the second highest in history

The Ethereum Foundation has transferred 21,000 ETH to associated addresses in the past two months