Hyperliquid Whale Addresses Reach 260,000

Recent data shows that Hyperliquid (HYPE) whale addresses have accumulated 260,000 over the past two months. The current estimated value of their holdings is reported to be $15.1 million (approximately 2.14 billion KRW). On the 13th at 3:51 PM (KST), this address received an additional 40,000 Hyperliquid on Coinbase, valued at about $2.3 million (approximately 330 million KRW). This address has secured 260,000 Hyperliquid through Coinbase, Bybit, and other sources over the last two months. The additional 40,000 received on this day accounts for about 15.4% of the total holdings. Hyperliquid is a decentralized trading ecosystem that supports on-chain derivatives trading. The amount moved from exchanges to external wallets can serve as an indicator of changes in the holding structure of specific addresses, but it is difficult to determine price direction based solely on on-chain indicators. It is not possible to infer the purpose of purchases or future disposal plans solely from the receipt history of whale addresses.

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