On-chain data shows that a well-known major holder has recently taken significant actions. First, they transferred 3 million USDC to the HyperLiquid platform, followed by a purchase of $2.78 million worth of assets, acquiring 108,501 HYPE tokens at an average cost of $25.63 each. Interestingly, this player also staked 10,030 HYPE tokens. From depositing tokens to building a position and then staking, this series of actions clearly indicates a strong confidence in this project.