2025-12-18 02:22:07

On-chain data just surfaced, and it’s truly eye-catching:

Multiple whale wallets have collectively spent over $17 million in a short period to buy HYPE. Some bought at market price directly, some placed deep water orders at the $15 level in advance, and after purchasing, they immediately staked the tokens.

At first glance, the four-character summary is "smart money entering the market."

But there’s a question worth pondering here. True danger in the market often lurks where "all details look particularly professional."

**First, understand what these whales are actually doing**

Without any emotional coloring, just look at their behavior:

The 0x23A wallet is a new address. It transferred in 7.1 million USDC in one go, buying 277,000 HYPE tokens at the $25.59 level.

The 0xE86 account is even more interesting. Over two days, it spent a total of 15 million USDC. It has already bought 415,000 tokens, staked 500,000, and still holds 5.7 million USDC untouched.

Next, look at 0x5Ae. It directly deposited 20 million USDC. But this guy didn’t chase the high; instead, he placed a deep buy order at the $15 level, just waiting.

Here’s a detail that’s particularly worth noting:

👉 **This isn’t a "collective charge at the same price and rhythm"**

**The real thing to beware of isn’t "how much they bought," but "how they bought"**

If this is truly a clear trend-building wave, what would it normally look like?

Price ranges are mostly consistent. Behavior is highly synchronized. Market orders dominate. USDC wouldn’t leave much room.

But the current situation is different:

HYPE2,8%

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UncleWhale

· 2025-12-18 13:18

Bro, I've seen this routine too many times. It looks professional but is actually setting a trap. Uncoordinated position building is just a smoke screen. Why keep so much USDC? Just waiting to dump the market. This wave is probably a rinse and repeat to harvest retail investors. Being cautious is not wrong. Pouring so much money into a new address—who would believe it? Definitely an institutional pump-and-dump scheme. The more perfect the details, the more dangerous it is. That saying is spot on. Hitting at different price levels—there's definitely something fishy. Retail investors feel comfortable building positions, but they are often the most dangerous.

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Degen4Breakfast

· 2025-12-18 12:04

Bro, I've seen this trick before... Looks professional but it's all just a routine --- The inconsistency in whale buying methods is indeed suspicious, feels like testing the depth? --- The key is that the 5.7 million USDC hasn't moved; leaving so much ammunition suggests they're waiting for something --- Really? I thought smart money would just go all-in directly --- Starting with a splash of 7.1 million on a new address, isn't this a classic pump-and-dump routine? --- By the way, this kind of approach... definitely doesn't seem like a long-term hold strategy --- Wait, do you mean these whales are actually playing a pump game? --- The details don't add up, the prices aren't consistent, anyone would be cautious in this situation

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MerkleTreeHugger

· 2025-12-18 02:53

Damn, it's the same "professional entry" routine again. If it looks too professional, you should be more cautious.

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NftRegretMachine

· 2025-12-18 02:52

Hmm... It seems that the most professional things are often the most dangerous. This whale operation is indeed a bit suspicious. Almost thirty million dollars invested with a variety of tactics, that's the real issue. Deep water orders, market price eating, and huge amounts of USDC lying idle... This is not an iron-blooded army, they are clearly each playing their own game. The truly smart money shouldn't be so uncoordinated. I suspect someone is putting on a show here. Let me guess, someone is preparing to take over next? How you buy matters more than how much you buy. This author has a point.

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ZenMiner

· 2025-12-18 02:44

It seems like we're back to storytelling again. I just want to ask one question—why is that 5.7 million USDC still lying idle? --- Smart money? It looks more like they're laying an ambush. The details being out of sync is indeed quite interesting. --- Wait, suddenly a new address dumps 7.1 million? This move looks a bit strange no matter how you look at it. --- Prices are different, buying methods are different. Do you call this smart money entering the market? To me, it looks like everyone is doing their own thing. --- Really, this kind of "very professional" market behavior is the easiest to cause a crash. Isn't that a lesson learned? --- That 0xE86 holding so much money without sweeping it up—what are they waiting for? Waiting for a dip or some other signal? --- Asynchronous behavior itself is a signal. Haven't you guys noticed the problem yet? --- One is buying high, another is accumulating low, and one is still watching—are they smart money or just putting on a show? --- I just want to know who will ultimately take the last ride on this HYPE wave. Anyway, it won't be me, that's for sure.

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RektButAlive

· 2025-12-18 02:25

Damn, these whales are spreading out their buying strategies so evenly. Are they really the smart money? It looks like everyone is just playing their own game. That's the most heartbreaking part. The deep orders are so low; it's more like "waiting to pick up bargains" than actually entering the market. 17 million looks like a lot, but when you break it down, it's all tricks. I can't hold it together anymore. I've seen too many situations where "appearing professional but actually harboring ulterior motives"—it's easy to get caught.

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