According to Lookonchain, two major crypto whales accumulated a total of 292,934 HYPE tokens worth $10.09 million today, signaling strong bullish activity in the HYPE market. Wallet 0x24aB spent $8.09 million USDC to purchase 235,553 HYPE at an average price of $34.35 over the last eight hours. Meanwhile, wallet 0xFa0F invested $2 million USDC to acquire 57,381 HYPE at $34.85 within the past hour. This significant whale accumulation suggests increased institutional interest and could drive heightened volatility and upward price pressure on HYPE in the short term, as reported by Lookonchain (source: https://twitter.com/lookonchain/status/1926312007768137912).