BlockBeats reports that on June 18, according to Onchain Lens monitoring, multiple whales are heavily accumulating HYPE:
The address starting with 0x55 spent $2.31 million to purchase 59,719 HYPE tokens at an average price of $38.68;
The address starting with 0xe6 spent $2.11 million to buy 53,645 HYPE tokens at an average price of $39.30;
The address starting with 0x26 spent $1.51 million to acquire 37,160 HYPE tokens at an average price of $40.70 and simultaneously opened a 10x leveraged long position on HYPE and a 20x leveraged long position on BTC.