On September 8, according to on-chain analyst Ai (@ai_9684xtpa), a smart money address that profited $9.560M through ETH band trading from June to August 2025 is building a position in HYPE. In the past 9 hours, the address has deposited 4.010M USDC into Hyperliquid, of which 2.996M has been used to purchase 63,197 HYPE at an average price of $47.41, and the remaining $1.020M has been used to place a limit buy order at $47.17. [BlockBeats]