Whales Drive Crypto Market Surge: 5M USDC for HYPE, 1.36M SOL Unbonded

In the cryptocurrency market, the number of graduated tokens with a market capitalization above $1 million has been on the rise. According to recent data, only two tokens have reached this milestone in the last 24 hours. This trend reflects the growing interest and investment in the cryptocurrency sector.

One notable development is the activity of whales, large investors in the cryptocurrency market. A whale deposited 5,000,000 USDC into Hyperliquid six hours ago to buy HYPE, indicating a significant interest in the token. Additionally, another whale started accumulating AUCTION on the 24th and is currently up $664,000 in unrealized gains, demonstrating the potential for substantial returns in the market.

Furthermore, a whale has unbonded 1.36 million SOL and deposited it into FalconX, suggesting a strategic move to capitalize on the growing demand for SOL tokens. Meanwhile, Jupite has initiated its first buyback of JUP, repurchasing JUP tokens worth $3.33 million. This move indicates a commitment to supporting the token's value and maintaining its market position.

These developments highlight the dynamic nature of the cryptocurrency market, with investors actively seeking opportunities for growth and profit. As the market continues to evolve, it will be interesting to see how these trends unfold and impact the broader cryptocurrency landscape.