A new whale just showed up with serious size, and $HYPE seems to be the target.

Wallet 0x92ea pulled 40M USDC off Binance, then moved 10M USDC into Hyperliquid and started buying HYPE almost immediately.

So far, the wallet has picked up around 22,700 HYPE worth roughly $1.16M, and the accumulation still doesn’t look finished.

What’s making traders pay attention isn’t the amount bought so far , it’s the size of the capital waiting on the sidelines. If more of that 40M USDC gets deployed into HYPE, this could turn into one of the larger new whale positions in the market.

Address: 0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9

HYPE
HYPEUSDT
65.97
+4.90%