According to Spot On Chain, when HYPE surpassed PEPE to become the 20th largest token in market capitalization, multiple whale addresses began to hoard HYPE. Address 0x007 crossed the chain and invested 3.96 million USDC 9 hours ago, and purchased 151,277 HYPE at an average price of about $26.19; Address 0x721 invested 2.60 million USDC 11 hours ago, purchased 99,546 HYPE at an average price of about $26.14, and currently holds 107,198 HYPE (worth about $2.76 million), accumulating a profit of $3.33 million on Hyperliquid; Address 0x602 2 million USDC across the chain in the past 20 hours and invested $911,000 to purchase 37,017 HYPE at an average price of about $24.60.