According to Lookonchain, a significant whale transaction occurred involving $HYPE. The whale deposited $5M in USDC to Hyperliquid six hours ago and purchased 73,959 $HYPE, equivalent to $1.51M, at market prices. Additionally, the whale placed a limit order to acquire 183,768 $HYPE worth $3.5M at prices of $19.04 and $19.05. The whale's current holdings amount to 999,255 $HYPE, valued at $20.84M, indicating a bullish stance on the asset.