Whale Dumps $4.84M BTC, Sells AAVE to Buy 101,000 HYPE During Perp DEX Craze

COINOTAG News on September 26 reported that on-chain analyst Ai Yi tracked an address which, during the Perp DEX activity, sold WBTC and AAVE and reallocated proceeds into HYPE. Three hours ago the wallet executed sales of $4.84M WBTC and $2.838M AAVE, subsequently depositing $4.692M USDC into Hyperliquid and purchasing 101,000 HYPE tokens (around $4.25M). These documented on-chain flows reflect a measurable portfolio reallocation with explicit stablecoin routing and concentrated token accumulation. Traders and analysts focused on on-chain liquidity and exchange flows can use this verifiable transaction record for enhanced monitoring and risk assessment.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.