SOL has recently become a "hunting target" for on-chain whales again. A mysterious address tagged as 0xDAEf has been active frequently lately, first transferring 8.09 million stablecoins to Hyperliquid, then placing a series of limit orders—aiming to buy 59,000 SOL in the price range of $133.88 to $135.00. The scale of this operation involves nearly $8 million.

This is definitely not just a casual market probe. From the size of the funds to the pace of the operations, every step reveals a carefully planned strategy. For traders watching the market, such whale actions often imply a clear short-term trend judgment and send a signal to the currently chaotic market.

Let's analyze the logic behind this operation. First, look at the platform choice—why specifically Hyperliquid instead of others? This platform is not a traditional centralized exchange but a leading decentralized trading platform built on its own public chain. With millisecond block times, ultra-smooth trade matching, and support for high leverage trading... these features make it a "hidden trading ground" for large traders. The benefits of placing orders here are obvious: it ensures fund security and avoids large orders directly impacting the spot market and causing slippage. Just from this choice, we can see the level of professionalism.

Next, consider the limit order range—this is a textbook move for "steady positioning." The whale did not choose to buy at market price but patiently waited within the $133.88 to $135 range, indicating confidence in the support level of SOL at this price zone. In other words, this is not speculation but a strategic move based on market fundamentals, laying out a chessboard at a critical price point.