A new address has acquired 113,000 HYPE tokens and will continue to accumulate HYPE worth approximately $2 million through a TWAP strategy.

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According to ME News, on December 18th (UTC+8), MLM monitoring revealed that a newly created wallet address minted $12.1 million worth of USDC on Arbitrum, subsequently depositing $5.1 million into Hyperliquid and purchasing 113,000 HYPE tokens (approximately $3 million) and 0.5 BTC (approximately $43,000). Currently, the wallet is using a TWAP strategy to continue purchasing approximately $2 million worth of HYPE over the next 50 minutes, while approximately $7 million worth of USDC remains on the Arbitrum network. (Source: ME)

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