Whale "qianbaidu.eth" Spends $2.05 Million to Buy HYPE, Increasing Total Holdings to $10 Million

By: theblockbeats.news|2025/09/08 00:01:51

BlockBeats News, September 8th, according to Onchain Lens monitoring, multiple whales are accumulating HYPE on HyperLiquid. The whale "qianbaidu.eth" deposited $2.05 million to buy HYPE on Hyperliquid, currently holding a total of 213,636 HYPE purchased at an average price of $46.85, with a total value of $10 million.

In addition, the whale "0x746" deposited 2 million USDC into Hyperliquid, buying 42,449 HYPE at a price of $47.35 per HYPE.

The issuance rights of the USDH stablecoin under Hyperliquid have attracted several institutional bidders, including Paxos and Frax, who have submitted bidding proposals.Due to its inclusion in the S&P 500 Index, Robinhood (HOOD) surged over 7% in after-hours trading.