On-chain data shows that multiple whale addresses have recently started accumulating HYPE, On-chain Lens reported. Whale address '0xdf7' invested approximately $3.69 million about two hours ago to purchase 58,279 HYPE at an average price of $63.36. Another whale address '0x714' reportedly sold 38 BTC (worth approximately $2.9 million) over the past 24 hours and then purchased 46,276 HYPE at an average price of $62.86.
