A mysterious Hyperliquid whale has added $29 million worth of HYPE tokens to its wallets, according to the latest on-chain analysis from Lookonchain. The entity known as 0x6436 has scooped up 343,000 $HYPE at the latest prices and has staked them, the report shows.  Hyperliquid (HYPE) is now the world’s 9th most valued cryptocurrency by market capitalization. It is the native token of the Hyperliquid trading ecosystem, built on a popular, high-performance Layer-1 blockchain. As a Decentralized exchange (DEX) that offers near-instant perpetual futures and spot trading services, Hyperliquid has performed consistently over the last couple of years and has had a strong run on the charts.