The more HYPE whales buy, the stronger they become! Spend another 134 million US dollars in 10 days, with a total investment of 223 million US dollars

As the price of HYPE continues to rise, a giant whale has not chosen to take profits, but instead continues to aggressively increase its holdings. According to on chain monitoring, a giant whale began laying out HYPE about 3 months ago, buying about 1.28 million HYPE at an average price of about $70 and investing about $89.13 million. But what is truly worth noting is that as HYPE prices continue to rise, this whale has not stopped. In the past 10 days, the address has invested approximately $133.8 million again, continuing to purchase approximately 1.62 million HYPEs at an average price of approximately $82.4. Compared to the previous purchase cost of about $70, the price of the second round of adding positions has increased by about 18%, but the scale of funds has become more aggressive. Accumulated from two rounds of purchases, this whale has invested about 223 million US dollars and bought about 2.9 million HYPEs. The additional funds added in the past 10 days alone account for about 60% of the entire position investment. This kind of "buying more as the price rises" operation is significantly different from traditional low-level bottom fishing: if HYPE continues to rise in the future, Giant Whale's large increase in holdings may further strengthen the market's expectation of sustained capital inflows; On the other hand, a concentrated position of over $200 million also means that if there is a significant reduction in positions or funds are transferred to trading platforms in the future, its movements may also become a signal that the market needs to be vigilant about. Investing 223 million US dollars in 3 months, the price has risen from around 70 US dollars to around 82 US dollars and continues to increase holdings. What exactly did this giant whale see, and whether the next 2.9 million HYPEs will continue to increase, deserves continued attention. If you want to track the real-time flow of funds, changes in market positions, and market hotspots on the chain, you can register OKX through the AiCoin cooperation portal: 👉 https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2 Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.