Four whale wallets have purchased $6.14M worth of HYPE tokens ahead of the July 15 Kinetiq launch, signaling strong confidence and faith in the ecosystem.
One new wallet invested $1M in HYPE, buying 25,507 tokens at an average price of $39.20, amidst rising market volatility.
Over 1 million HYPE tokens were recently unstaked, likely in preparation for re-staking through Kinetiq's liquid staking system, indicating interest in the upcoming protocol milestones.
Hyperliquid (HYPE) is experiencing notable whale accumulation and market activity, with on-chain analytics showing increasing participation and faith in the upcoming developments.