On June 14, according to Onchain Lens monitoring, a whale address spent 40.42 million USDC to buy HYPE and FARTCOIN, including:
· Bought 715,917 HYPE at an average price of $41.16, with a total expenditure of $29.47 million
· Bought 9.605 million FARTCOIN at an average price of $1.15, with a total expenditure of $8.78 million
The whale address had previously bought SOL, BTC, and ETH, and subsequently sold them at a loss to reallocate funds to HYPE and FARTCOIN, resulting in a loss of $2.17 million.
