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A whale address deposited USDC into the Hyperliquid platform and made a large purchase of HYPE tokens.
Gate News bot message, a whale with the address 0x7E…0107 deposited 8,768,800 USDC into the Hyperliquid platform at 5:06 AM UTC+8. According to HypurrScan data, the address subsequently used most of those funds to purchase 215,850.04 HYPE tokens at an average price of approximately 40.18 USD.
Arkham data shows that the Whale address 0x7E…0107 is associated with Polymarket and is a multi-signer of the contract 0x36…A436 deployed by Polymarket: Realyer.