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#巨鲸动向 【On-Chain Data Tracking】An interesting trading signal has just surfaced— a major whale account has become active again after disappearing for over five months, directly investing 2.5 million USDC on HyperLiquid.
The move was swift: $1.73 million used to buy nearly 70,000 HYPE tokens, with over 760,000 USDC still held in reserve, waiting on the sidelines. Currently priced at $25.27, HYPE is still far from its previous high of $59.3, but the whale's re-accumulation pace is worth noting.
Why does this operation attract attention? HYPE has a deflationary design with 97% of trading fees used for buybacks, a mechanism rarely seen in bear markets. Historically, whales holding HYPE for nine months have achieved over $100 million in profits, indicating that this re-positioning is not a casual move.
On-chain data is speaking, and market rhythm is changing. Whether to bottom fish or chase the rally depends on your ability to interpret these signals—by observing large transactions, capital flows, and project fundamentals, you can find the rhythm in the rebound.
After five months of silence, coming back and throwing 2.5 million, it’s indeed a bit impressive.
HYPE just dropped to $25; the deflationary mechanism is really good, but I’m more curious why this whale chose to move now.
97% buyback sounds great, but I’m just worried it’s another trap.
Five months of silence and now suddenly going all-in, it feels like either they’ve figured something out or they’re just gambling.
Major investors are all bottom-fishing, what am I waiting for to get in?
The 97% buyback mechanism is indeed outrageous. No wonder whales in history have made $100 million.
Only moving once in five months shows this guy really has patience and is waiting for the right opportunity.
HYPE dropped from 59 to 25. If it were me, I'd grit my teeth and go all in to try.
This is when on-chain data speaks volumes. Will retail investors follow or not?
76,000 remaining on the sidelines. This rhythm is being controlled tightly.
Suddenly making a move after such a long silence, it’s definitely not a joke.
HYPE dropped from 59 to 25, this contrast... either it’s a bottom signal or a big trap.
The 97% buyback mechanism sounds good, but the key is whether the subsequent narrative can hold up.
But only moving once in over five months, this wave will either explode or cool off completely.
76,000 USDC still untouched, this whale is testing the waters.
It’s good to be optimistic, but you need to understand why you must follow the trend.