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Five wallets suspected of belonging to the same entity deposited 4.50 million USDC to Hyperliquid, totaling $22.50 million

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2025-07-11 03:41:03
According to Spot On Chain, five wallets (most likely belonging to the same entity) deposited 4.50 million USDCs into Hyperliquid in the past 10 hours, totaling $22.50 million. One of the wallets has bought 99,931.55 HYPE at an average price of $43.30, totaling about $4.33 million. Another wallet is placing a limit order of $4.50 million. The remaining three wallets (totaling $13.50 million) have not yet been used.
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