A newly created address purchased 466,000 HYPE worth $21.45 million in the past 6 hours

According to Jinse Finance, on-chain analyst Yujin has monitored that a newly created address purchased 466,000 $HYPE tokens (worth $21.45 million) in the past six hours. After being created in the early hours, this address withdrew 23.51 million USDC from a certain exchange and deposited it into Hyperliquid, purchasing 466,000 $HYPE tokens ($21.45 million at a price of $45.69 each) and 2.16 million $UFART tokens ($2.14 million at a price of $1.02 each).