#Amber Group Makes Big Buy of HYPE#
Hot Topic Overview
Overview
Recently, cryptocurrency trading platform Amber Group made a big purchase of HYPE. In the past 17 hours, it spent $7.22 million through the wallet "0xCfd" to buy 342,845 HYPE at an average price of $21.06. Currently, the wallet holds 730,749 HYPE, with a market value of approximately $16 million and a total historical profit of $6.56 million. This move has been interpreted by the market as institutions seizing the opportunity of HYPE's decline and having confidence in its future development.
Ace Hot Topic Analysis
Analysis
Amber Group recently made a large purchase of HYPE, spending $7.22 million in the past 17 hours to buy 342,845 HYPE at an average price of $21.06 through the wallet "0xCfd". The wallet currently holds 730,749 HYPE, with a market value of approximately $16 million and a total historical profit of $6.56 million. This move is interpreted as institutions seizing the opportunity of HYPE's decline and potentially further driving up the price of HYPE.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Amber Group is seizing the opportunity to buy heavily during the HYPE dip.
Amber Group purchased 342,845 HYPE through the Hyperliquid platform at an average price of $21.06.
Amber Group currently holds 730,749 HYPE, with a market value of approximately $16 million and a total historical profit of $6.56 million.
Institutional investors are showing increasing interest in HYPE.