#CPIWatch
On December 18, monitor the activities of MLM, a new wallet address was created to mint 12.1 million USDC on Arbitrum, then deposit 5.1 million USD into Hyperliquid and purchase 113,000 HYPE (approximately 3 million USD) and 0.5 BTC (approximately 43,000 USD).
Currently, the wallet is using a TWAP strategy to continue buying approximately 2 million dollars worth of HYPE in the next 50 minutes, while about 7 million USDC remains on the Arbitrum network.
$HYPE
HYPEUSDT
Perp
23.97
-11.89%
USTCUSDT
Perp
0.007531
+10.02%
ACTUSDT
Perp
0.02567
+23.41%