In a recent on-chain briefing, COINOTAG News reports that three notable wallets have accumulated a combined $27.03 million in HYPE, per Onchain Lens analytics as of December 23. The pattern highlights persistent whale accumulation within this token and signals ongoing on-chain demand.

Wallet 0xDAe has built a position of 427,441 HYPE over the past two months, totaling about $11.58 million at an average price of roughly $27.09. The allocation suggests measured entry by a large holder, consistent with stable liquidity appetite.

Wallet 0x23A increased exposure by 398,830 HYPE in the last five days, equating to about $10 million with an average fill near $25.22. This swing reflects active spot accumulation amid a consolidating price range.

Cumulatively, wallets nolimithodl.hl and 0x330 added 200,662 HYPE for around $5.45 million at an average price of $27. The settled on-chain purchase cadence reinforces credible demand signals in the broader cryptocurrency market and blockchain analytics.