According to ChainCatcher, market sources indicate that after HYPE rebounded to around $40, a significant whale with the address starting 0x66f on the Hyperliquid platform has initiated a large-scale purchase of HYPE. The whale has placed two buy orders using the TWAP (Time-Weighted Average Price) method, totaling approximately 250,000 HYPE, valued at around $10.1 million. As of the time of reporting, one of these orders is nearly completed. There is still about $4 million worth of HYPE planned for purchase over the next seven hours at the address 0x66f463866512fc337c89bad2032acbe38ee38836.