PANews reported on November 7th that, according to Spot On Chain monitoring, two whale addresses spent a total of 21.06 million USDC to purchase HYPE tokens over the past two days. Whale "0x5AE" spent 11.21 million USDC to purchase 285,821 HYPE tokens at an average price of $39.23, and still holds 2.79 million USDC as a reserve. Whale "0x152" invested 9.85 million USDC to purchase 249,073 HYPE tokens at an average price of $39.54, and still holds 703,000 USDC. Both whales are currently experiencing slight losses… but seem to be preparing for a major strategic move.PANews reported on November 7th that, according to Spot On Chain monitoring, two whale addresses spent a total of 21.06 million USDC to purchase HYPE tokens over the past two days. Whale "0x5AE" spent 11.21 million USDC to purchase 285,821 HYPE tokens at an average price of $39.23, and still holds 2.79 million USDC as a reserve. Whale "0x152" invested 9.85 million USDC to purchase 249,073 HYPE tokens at an average price of $39.54, and still holds 703,000 USDC. Both whales are currently experiencing slight losses… but seem to be preparing for a major strategic move.

Two whale addresses spent a total of 21.06 million USDC to purchase HYPE tokens over the past two days.

2025/11/07 20:04

PANews reported on November 7th that, according to Spot On Chain monitoring, two whale addresses spent a total of 21.06 million USDC to purchase HYPE tokens over the past two days. Whale "0x5AE" spent 11.21 million USDC to purchase 285,821 HYPE tokens at an average price of $39.23, and still holds 2.79 million USDC as a reserve. Whale "0x152" invested 9.85 million USDC to purchase 249,073 HYPE tokens at an average price of $39.54, and still holds 703,000 USDC. Both whales are currently experiencing slight losses… but seem to be preparing for a major strategic move.

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The post Mistrial in MIT Brothers’ Ethereum Blockchain Fraud Case Involving $25M Heist appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → The U.S. District Judge Jessica G.L. Clarke declared a mistrial in the MIT brothers Ethereum heist case after a hung jury failed to reach a verdict on wire fraud and money laundering charges related to a 12-second blockchain transaction that netted $25 million. MIT brothers Anton and James Peraire-Bueno exploited an Ethereum blockchain vulnerability using MEV-boost software to manipulate transactions. The case highlights tensions between innovative crypto trading strategies and legal boundaries in decentralized finance. Prosecutors described the scheme as a high-speed bait-and-switch, while defense argued it was a legal, competitive tactic; the jury deadlock led to the mistrial on May 15, 2025. Discover the details of the MIT brothers Ethereum heist mistrial, where a $25M blockchain exploit led to a hung jury. Explore implications for crypto fraud cases. Read now for expert insights. What is the MIT brothers Ethereum heist case? The MIT brothers Ethereum heist case involves Anton and James Peraire-Bueno, two MIT graduates accused of executing a sophisticated fraud on the Ethereum blockchain that generated $25 million in just 12 seconds. The scheme exploited a vulnerability…
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BitcoinEthereumNews2025/11/08 15:00