One HYPE wallet bought nearly half a billion dollars’ worth in a month.
Lookonchain’s September 25 report links wallet 0x6436 to Hyperliquid Strategies. Its latest reported purchases: 494,200 HYPE worth $45.8M over 16 hours.
That brought the month’s total to 5.51M HYPE, roughly $476M. An average of $15.86M a day.
For anyone tracking HYPE demand, this is a repeat treasury buyer worth following. Whether that buying pace holds matters more than any single whale alert.
Manual borrows are live on Hyperliquid
Portfolio margin and manual borrows use the same underlying HyperCore infrastructure, with $269M in assets borrowed today.
Users can supply HYPE and BTC as collateral to borrow quote assets (USDC and USDT). Borrowed quote assets pay interest, and supplied quote assets earn interest, with rates set by utilization.
TradingView added Hyperliquid, and its Bitcoin open interest total was suddenly about 10% higher.
No new positions needed. Those trades just weren’t included before.
The September 23 update added Hyperliquid to combined open interest, funding, and liquidation data across 170+ crypto assets. Liquidation totals rose by up to 20% for most assets.
Worth checking which exchanges your dashboard covers before treating a jump in open interest as new money entering the market.
HYPE WHALE MOVES $19.4M ACROSS 3 WALLETS
Three wallets likely belonging to the same whale withdrew 211.43K $HYPE (~$19.4M) from Hyperliquid within minutes.
· 81.34K $HYPE (~$7.46M)
· 78.09K $HYPE (~$7.16M)
· 52.00K $HYPE (~$4.78M)
The wallets are now routing the $HYPE between Hyperliquid and linked addresses.
Addresses:
0x41162a2e8df0f02adfc995c177661b7875ca8b32
0x92F08Da81934968410Cc784e999BB6dcB1066D99
0x95a91081ec0c61372c517e319ffa12b8a697e5cf
HYPERLIQUID BURNS $956.8K HYPE IN 24H
Hyperliquid bought and burned 10.40K $HYPE (~$956.8K) over the past 24 hours at a $91.97 VWAP.
· Lifetime burned: 48.96M $HYPE (~$4.48B)
· Max supply burned: 4.90%
· 30-day revenue: $58.27M
@HyperliquidX