Whales have been continuously accumulating HYPE over the past two months, buying a total of 472,700 tokens.

Odaily Odaily reports that according to Lookonchain monitoring, a whale has been consistently buying HYPE over the past two months. Since March 1st, this address has withdrawn 472,700 HYPE from Bybit and Kraken, with a cumulative value of approximately $18.96 million and an average purchase price of around $38.

The address is currently sitting on unrealized profits exceeding $1 million.