On-chain analyst ai_9684xtpa reported via X that an address believed to belong to cryptocurrency venture fund No Limit Holdings (starting with 0x4c6) has placed limit buy orders for Hyperliquid (HYPE) ranging from $35.8 down to $31.8 for accumulation. The address deposited 7.26 million USDC into Hyperliquid to place approximately $2.5 million worth of buy orders, and transferred the remaining 4.76 million USDC to four other addresses. Currently, HYPE is trading at around $38.6.