According to Lookonchain, a cryptocurrency whale has deposited $18.3 million USDC into Hyperliquid with the intent to purchase HYPE tokens in the last 24 hours. Out of this amount, $5.81 million USDC has already been used to acquire 210,420 HYPE tokens at a price of $27.6 each. This significant investment could influence HYPE's market dynamics, attracting trader attention to potential price movements.