Ex-ETH Scalper Deposits $4.01M USDC to Buy 63,197 HYPE on Hyperliquid at $47.41 Average

On-chain analyst Ai Gu (Twitter: @ai_9684xtpa) reported that an address, previously credited with realizing $9.56 million from ETH scalping between June and August 2025, is now accumulating HYPE. Blockchain records show the account deposited 4.01 million USDC into Hyperliquid over a nine-hour window; approximately 2.996 million USDC was executed to acquire 63,197 HYPE at an average execution price of $47.41, while the remaining ~1.02 million USDC was placed as a limit buy order at $47.17. These on-chain flows indicate concentrated position sizing and material liquidity deployment on Hyperliquid; market participants should assess order-book depth and apply prudent risk management. Data sourced to Ai Gu’s on-chain analysis.