The news highlights that despite a 9% decrease in the price of the $HYPE token, major cryptocurrency whales have been buying the token. Two crypto wallets, with addresses 0x336 and 0x643, have invested over $5 million worth of USDC into the token. They purchased the tokens at an average rate of $24.04, indicating that they saw value in the token during this dip in price. The transactions were performed on the HyperLiquid exchange, which has become popular for new token launches. The whales' investments are seen as indicators of market shifts, and may attract more interest from retail and institutional investors. The market is closely watching to see if the recent increase in demand will drive an upward movement in $HYPE token prices.



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