New address purchases 168800 HYPE and pledges $261 million in tokens

According to Lookonchain monitoring, a newly created address has deposited $745 million in USDC into Hyperliquid within the past 3 hours and purchased 168800 HYPE at an average price of approximately $44. Among them, about 60000 HYPE (approximately $261 million) have been used as collateral.