Onchain Lens said on Sept. 2 that a whale’s execution wallet had accumulated 155,980 HYPE worth about $12.91 million, with an average purchase price of roughly $82.77. After the purchases, the HYPE was transferred to another wallet and staked. The monitored wallet still holds about 4.34 million USDC and is continuing to buy HYPE. The activity points to an ongoing accumulation strategy, with funds still available in the wallet after the initial round of buying and staking.
According to Onchain Lens, a whale’s execution wallet had accumulated 155,980 HYPE worth about $12.91 million as of Sept. 2, with an average purchase price of around $82.77.
The HYPE was then moved to another wallet and staked.
The wallet still holds about 4.34 million USDC and continues to buy HYPE.
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