On December 19, trading volume on @HyperliquidX experienced a massive surge of 539%, reaching $11.5 billion following the release of $HYPE. However, the momentum quickly slowed down as rumors of a potential platform hack spread. In the wake of the launch, significant whale activity was observed on the platform. A new wallet was created just 26 hours ago, and since then, the whale has moved a staggering 18.3 million $USDC to Hyperliquid to purchase $HYPE tokens. To date, the whale has spent 12.22 million $USDC to acquire 428,867 $HYPE, averaging $28.5 per token. Big $HYPE purchases detected! A whale created
The post Hyperliquid Trading Volume Spikes After $HYPE Launch appeared first on The Merkle News.
