According to @lookonchain, a wallet attributed to Cozomo de' Medici deposited 1.28 million USDC to Hyperliquid and bought 781,252 XPL with about 1.28 million in notional value, source @lookonchain on X dated Sep 28, 2025. Based on these figures the implied average fill price is approximately 1.64 USDC per XPL which traders can use as a near term reference level, source @lookonchain on X dated Sep 28, 2025. The transaction and funding route can be verified via Hypurrscan at address 0x61503aD92E94cA295926854b35dfced55797f5a1, source hypurrscan.io.