According to Lookonchain, a newly created wallet (0xa523) deposited 23.52 million USDC into Hyperliquid and purchased 466,421 HYPE for approximately $21.5 million and 2.16 million Fartcoin for approximately $2.12 million over the past 7 hours. Lookonchain states the transactions were executed on Hyperliquid following the USDC deposit by the same wallet address 0xa523. Based on Lookonchain's figures, the combined purchases in HYPE and Fartcoin totaled roughly $23.62 million within that short window.