Whale Buys $6M in HYPE Before Unlock Date

1. Significant Capital Inflow into HYPE Before Unlock Event

In early July 2025, four whale wallets collectively invested $6.14 million USDC to purchase HYPE tokens on the Hyperliquid platform. Notably, one of these wallets was newly created, indicating fresh interest from major investors. The transactions occurred as HYPE's price reached $39.07, with a 24-hour trading volume exceeding $230 million, marking a 5.35% increase over 24 hours and 3.93% over the week.

2. Over $40 Million in HYPE Unstaked Ahead of Kinetiq Launch

Ahead of the Kinetiq staking platform launch on July 15, over 1 million HYPE tokens (valued at approximately $40 million) were unstaked. Three whale wallets accounted for 847,000 HYPE of this amount, indicating coordinated adjustments. Analysts anticipate these tokens will be restaked through Kinetiq, a new liquid staking platform integrating iHYPE and partnering with FlowDesk and IMC Trading.

3. Hyperliquid Ecosystem Expands with Phantom Perps

Hyperliquid is further expanding its ecosystem as Phantom now supports direct perpetual trading through wallets for EU users, maintaining asset control. This new feature enables users to trade over 100 markets with up to 40x leverage, all within their reach.