Whale 0xfD7 is currently buying 1M USDC worth of HYPE via a buy order, of which around 25% has been purchased:

• address: 0xfD7AcDd38A15ae8F4FF41e196137F5aC27f6Ea8d

Notably:

• The whale withdrew 2M USDC from Binance and bridged them to Hyperliquid 6 hours ago to place this HYPE buy order (transaction: 0x6f7066907de7eb2ba454407b06d04815f8953921afd0f6c54dcb04f8dc2a3740)
• A week ago, this whale bridged 3M USDC to Hyperliquid to buy 130,315 HYPE at an average price of $23. This investment is up +$521K (+17.4%) at the current price of ~$27.

Fig 1. Whale 0xfD7 has bridged a total of 5M into Hyperliquid over the past 7 days.

Fig 2. Around 25% of Whale 0xfD7's $1M HYPE buy-order has been completed.

Fig 3. The current HYPE holdings of Whale 0xfD7.