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A newly created wallet invested 17.5 million USDC to purchase HYPE tokens within two days
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According to a report by Jinse Finance, on-chain analytics platform Lookonchain has monitored that a newly created wallet with the address "0xDc50" deposited 17.5 million USDC into Hyperliquid over the past two days and purchased 517,602 HYPE tokens at an average price of $33.8, which are currently valued at approximately $18.31 million.
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