About twenty minutes after the stablecoin announcement, Loracle went long HYPE again. He’s now holding 16K HYPE ($740K) and still TWAPing into more.

https://hypurrscan.io/address/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

Anchorage Digital withdrew another 376K HYPE ($17M) from Bybit just 10 minutes ago.

https://hyperevmscan.io/tx/0x1486fbf32ef21f3526520a5120a96eb1557918f6e76264f3c14adfbb644dab5f

They have now withdrawn a total of 1.2M HYPE ($56M) over the past week from Bybit and Gate.io.

https://hyperevmscan.io/address/0xf436ada6b8f4d235ba806f44b22fa4ee115c9bc2

https://hyperevmscan.io/address/0xeee9f9f3317945d4e96512ac026abb5c43e94be9

Who is buying so much HYPE? Share your theories below!

A wallet is currently closing 6M ENA ($4M) of its 51M ENA ($34M) long position and shorting ETH using sell TWAPs.

https://hypurrscan.io/address/0x6b78be2ba4d55d5ee434c7d47fb3bbaffafc5e9c

A wallet, which I believe belongs to Syncracy, sold 220K HYPE for $10.4M about 4 hours ago, moved the USDC to a new wallet, and then longed 143K SOL ($29.2M).

https://hypurrscan.io/address/0xcfdb74a8c080bb7b4360ed6fe21f895c653efff4

https://hypurrscan.io/address/0x560c61542e21544749cd5dc8fd3ad0c4b78a3997

They once again sold HYPE in 10K ($470K) clips, visibly moving the price

Galaxy Digital staked another 387K HYPE ($18.2M) with their own validator 5 hours ago.

The HYPE had previously been held on HyperEVM without being staked.

https://hypurrscan.io/address/0x62bc1fe6009388219dd84f9dca37930f6fb6fa22

Tummy longed 440K HYPE ($20.8M) over the past 2 hours at an average price of 47.175.

https://hypurrscan.io/address/0x363db8a8387d59b4b53e473fc9c12fbf7994f0ef

The Hyperlabs "Current and future core contributors" wallet just undelegated 25.4M HYPE (~$1.2B) from the Foundation validators and redelegated it across multiple validators.

Total HYPE delegated (including previous allocations): 68,567,821.33 HYPE (~$3.24B).

- ValiDAO: 3,165,873.36 HYPE
- B-Harvest: 3,165,723.11 HYPE
- Alphaticks: 2,165,992 HYPE
- USDT0 x Luganodes: 3,165,938.47 HYPE
- HypurrCorea: SKYGG x DeSpread: 3,165,941.39 HYPE
- Imperator.co - HypeRPC.app: 5,029,617.8 HYPE
- infinitefield.xyz: 10,057,468.79 HYPE
- Hypurrscanning: 20,090,772.9 HYPE
- Nansen x HypurrCollective: 10,063,822.36 HYPE
- ASXN: 3,165,669.15 HYPE
- eyenovia 4.1: 3,165,001 HYPE
- Purrposeful x HyBridge x PiP: 2,166,001 HYPE

https://hypurrscan.io/address/0x43e9abea1910387c4292bca4b94de81462f8a251

An unknown entity unstaked 930,851.42 HYPE (≈$44.1M) 4 hours ago, after staking it 8 months earlier on January 3rd, just 3 days after staking went live on mainnet.

Previously, they sold 8.634K ETH for $27.8M and used the proceeds to buy HYPE, netting a profit of over $16M.

https://hypurrscan.io/address/0x1d284a255767e8cba87092e30959ad77ec731936

https://hypurrscan.io/address/0x08e58e8a4744e06155e7e61151763a69b578f72a

https://hypurrscan.io/address/0xc0feb2e990c8d6d3b5143a7c4a09c993222cd3a3

https://hypurrscan.io/address/0xfc65d46ac5e3c0aa5985f18d4b8b4e8fb3d6b867

https://etherscan.io/address/0xD735742f2f2Fd5984Bb6ABF24f63EDB37D45E56f

This week Hanson (Flowdesk) will be hosting two Twitter spaces to discuss the ongoing proposals for Hyperliquid's USDH stablecoin.

To submit your questions ahead of time please use the following respective links:

Agora - Monday 3pm EST
Questions: https://forms.gle/RUYESTVFXhrgLjLF8
Spaces: https://x.com/i/spaces/1vAxRQPOyoXJl

Paxos - Monday 4pm EST
Questions: https://t.co/6xjfciU7Cx
Spaces: https://x.com/i/spaces/1ZkKzZBmMbXKv

Native Markets - Tuesday 1pm EST
Questions: https://t.co/jF08IQXzzf
Spaces: https://x.com/i/spaces/1vOxwdwMQvRKB

Frax - Tuesday 4:30pm EST
Questions: https://forms.gle/gyHTQi6JFFHA64816
Spaces: https://twitter.com/i/spaces/1djGXWjVYzjKZ

I totally missed this, but two days ago Globaldollar (issued by Paxos) bought the USDG (USDG0) ticker on Hyperliquid.

https://hypurrscan.io/tx/0x2c496049dcb4abe12dc3042ae88dcb0202a4002f77b7cab3d0120b9c9bb885cb

A wallet linked to qianbaidu.eth bought 161K HYPE ($7.9M) over the past 12 hours.

https://hypurrscan.io/address/0x746bd928f271434deaaa6682eefe6f82674d4561

The seventh-largest account on Hyperliquid (by volume) just withdrew 213K HYPE ($10.8M) from various exchanges: Bitget, Gate.io, and KuCoin.

https://hypurrscan.io/address/0x87f9cD15f5050A9283b8896300f7c8cf69EcE2cf

Coinspot, the biggest Australian CEX with over $1B in user deposits, received 17K HYPE ($860K) from KuCoin.

https://hyperevmscan.io/address/0xf35a6bd6e0459a4b53a27862c51a2a7292b383d1

$HYPE HITS NEW ALL-TIME HIGH OF $51.16

This wallet received 153K HYPE ($7.9M) from FalconX an hour ago.

https://hyperevmscan.io/address/0x3c36083e8e582f8ecc111eddaa51e39d25dbc78a

It looks like a wallet linked to GSR was just hunted on their Launchcoin short (likely a hedge), which ended in a full liquidation leaving the account at $0


https://x.com/mlmabc/status/1965179018174456100

This wallet deposited 2,930 ETH ($12.6M) to Hyperliquid yesterday and sold it all.

He then bought 209K HYPE ($11.3M) while shorting the same amount on perps, making the position delta-neutral.

A few hours later, he flipped the switch and closed the short, turning the position directional.

He then transferred the HYPE to HyperEVM, liquid-staked it with Kinetiq, and LP’d on Pendle.

https://hypurrscan.io/address/0x720A68BF0813853Cd3Ed74D2fD0F54EdfC7A43E1

https://hyperevmscan.io/address/0x720A68BF0813853Cd3Ed74D2fD0F54EdfC7A43E1

The wallet I posted about a month ago bought HYPE today.

On February 28, he started the account with just $1,019,699.55 and has since grown it to $23.8M.

Instead of cashing out his perp profits, he bought HYPE, buying 197K HYPE ($10.8M) over the past day.

https://hypurrscan.io/address/0x044d0932b02f5045bc00e0a6818b7f98ef504681