Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Crypto Whale Huang Licheng Accumulates HYPE Tokens

Crypto Whale Huang Licheng Accumulates HYPE Tokens

TokenTopNewsTokenTopNews2025/05/23 15:16
By:TokenTopNews
Key Takeaways:

  • Huang Licheng’s 200,000 HYPE token purchase boosts market interest.
  • Increase in HYPE trading volume and price surge.
  • Huang is a significant player influencing memecoin trends.
Crypto Whale Huang Licheng Accumulates HYPE Tokens

Huang Licheng, known as “Machi Big Brother,” has acquired 200,000 HYPE tokens since May 17, 2025, resulting in an unrealized gain of $1.4 million.

Analysts are watching closely as Licheng’s significant token acquisition influences HYPE’s market performance , driving trading activity and impacting price movements.

Huang Licheng, a recognized crypto whale, has accumulated 200,000 HYPE tokens for $5.89 million, averaging $29.4 per token. Since May 17, 2025, this move has led to an unrealized gain of $1.4 million.

Actively monitored by analyst @EmberCN, Licheng made an initial deposit of 750,000 USDC into Hyperliquid before purchasing 27,282 HYPE tokens at $27.5 each. His reputation in the crypto space garners attention.

“Huang Licheng made an initial purchase of 27,282 HYPE tokens at $27.5 each after depositing 750,000 USDC into Hyperliquid.” — EmberCN, Crypto Analyst

Following these acquisitions, the HYPE market observed significant volatility. A price surge of 8.4% ensued as his purchases triggered increased trading volume and liquidity, suggesting changing investor sentiment.

Licheng’s moves could signal potential shifts in memecoin dynamics, with HYPE’s fluctuating value indicative of wider market trends. His substantial position underscores continued confidence in HYPE’s future.

Further acquisitions may likely cause substantial market impacts, reflecting Licheng’s strategic influence on market currents. Analysts are examining ongoing speculative trends and memecoin market behavior.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!