PANews reported on December 24 that according to Spot On Chain monitoring, a whale created a new wallet 26 hours ago and transferred $18.3 million of $USDC to the Hyperliquid platform through bridging to purchase $HYPE tokens. So far, the whale has spent $12.22 million to purchase 428,867 $HYPEs, with an average purchase price of $28.5 per coin.