According to Lookonchain, significant whale activity has been observed on the Hyperliquid platform, with large deposits being made to purchase HYPE and PURR tokens. Specifically, a whale with the address 0x0013...5D22 deposited 9.66 million USDC and subsequently acquired 166,913 HYPE for $4.8 million and 6.48 million PURR for $4.14 million. Another whale, identified as 0xCA97...651E, deposited 4.26 million USDC and purchased 125,252 HYPE for $3.57 million. This influx of funds suggests growing interest and potential bullish sentiment towards these tokens.