A whale from the Hyperliquid protocol made a decentralized purchase across four addresses, buying $6.01 million in spot markets, single-handedly supporting the price of HYPE. Over the next 24 hours, this purchase contributed to almost half of the Time-Weighted Average Price (TWAP) buy volume.

June 1, per monitoring by Hyperinsight (https://t.me/HyperInsight), an intraday rally in HYPE’s price is driving Hyperliquid to plan purchases of over 10,000 HYPE spot tokens via a Time-Weighted Average Price (TWAP) order. The effort involves 8 whale addresses, with total planned buys exceeding 146,000 tokens, equivalent to roughly $10.51 million. According to reports, the top four addresses on the current buyer list all belong to the same whale entity. This entity received approximately $10 million in on-chain funds, which it split across four separate addresses. Over the next 24 hours, the group intends to continue buying, with a total planned purchase of 83,500 tokens via TWAP orders, valued at around $6.01 million. A portion of these buy orders has already been executed. Based on existing orders, HYPE’s TWAP net buying pressure over the next 24 hours stands at $11.20 million – an approximately 186% increase from yesterday’s comparable data. Currently, this single whale accounts for nearly 50% of that total buying pressure. On-chain address: 0x4F83CaA457Ed330a1582B2E573451dc255e0b26b Note: The HyperInsight Bot is now active. Add @HyperInsightBot to your Telegram community, grant it admin status (with message-sending permission enabled) to automatically sync on-chain information.