PANews reported on January 17 that, according to Onchain Lens monitoring, two wallets belonging to the same whale deposited $7.9 million worth of USDC into HyperLiquid and placed long orders for ETH and ADA.

Wallet “0x8Fc” placed buy orders for ETH at prices ranging from $3,267.2 to $3,275.7 and buy orders for ADA at prices ranging from $0.3851 to $0.3888.

Wallet “0xCe8” placed buy orders for ETH at prices ranging from $3,267.3 to $3,273.5.