New Wallet Accumulates 38,337 HYPE Worth $2.45M on HyperLiquid

A newly created wallet labeled “0xDC99” has deposited $4 million in USDC into HyperLiquid, marking the start of a large-scale HYPE acquisition.

Since the deposit, the wallet has accumulated 38,337 HYPE, worth approximately $2.45 million, with an active order suggesting additional purchases may follow.

Meanwhile, HYPE is trading near $63.68 at the time of writing, down more than 17% from its all-time high of $76.87 recorded on June 16, 2026.

Source: Onchain Lens