The address that deposited 30 million USDC into Hyperliquid and bought XPL is suspected to belong to the market maker team Auros Global.
According to Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that the address which just deposited 30 million USDC into Hyperliquid and made large purchases of XPL is suspected to belong to Auros Global. This is a quantitative trading and market-making team that has also been listed as a quality market maker on the recommended list of a certain exchange. Currently, they have already bought $17.25 million worth of XPL and are continuing to buy, seemingly intending to use up the entire $30 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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