{"id":41663,"date":"2025-02-26T15:20:13","date_gmt":"2025-02-26T12:20:13","guid":{"rendered":"https:\/\/btcacademy.online\/crypto\/?p=41663"},"modified":"2025-02-26T15:20:13","modified_gmt":"2025-02-26T12:20:13","slug":"hyperliquid-12-5m-whale-action-could-propel-hype-token-to-20-rally","status":"publish","type":"post","link":"https:\/\/btcacademy.online\/crypto\/hyperliquid-12-5m-whale-action-could-propel-hype-token-to-20-rally\/","title":{"rendered":"Hyperliquid: $12.5M Whale Action Could Propel HYPE Token to 20% Rally"},"content":{"rendered":"
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Hyperliquid: $12.5 Million Whale Activity Could Drive HYPE Token to 20% Surge<\/h2>\n

Amid the current market turbulence, the majority of digital assets have witnessed a significant decline, reaching levels where they could be considered undervalued.<\/p>\n

Within this context, large investors have identified Hyperliquid [HYPE] as an attractive investment opportunity, pouring millions of dollars into the token.<\/p>\n

Big Investors Purchase $12.50 Million Worth of HYPE Tokens<\/b><\/h3>\n

In a recent update from Lookonchain, a platform that tracks blockchain transactions, it was revealed that crypto whales have allocated $12.50 million in USDC to acquire Hyperliquid tokens within the last 48 hours.<\/p>\n

Alongside this increasing interest and confidence from significant investors, day traders are also joining the trend, as indicated by Coinglass, an on-chain analytics company.<\/p>\n

Presently, long positions are dominating among day traders, showing a strong bullish sentiment prevailing in the market.<\/p>\n

Analysis further highlights that traders are overly committed at the $19.68 level on the long side, with holdings worth $3.09 million. Conversely, at $21.50, traders on the short side are heavily invested, with $1.25 million in short positions.<\/p>\n

Combining these on-chain data points with the recent whale activities suggests a bullish stance, supporting the asset\u2019s recovery.<\/p>\n

Furthermore, the significant accumulation of HYPE tokens by high-net-worth individuals, alongside optimistic trader sentiment, has positively influenced the price of HYPE.<\/p>\n

Currently, HYPE is trading around $21, marking a more than 13% increase in the last 24 hours.<\/p>\n

This uptrend is largely attributable to continuous buying by whales and favorable market movements.<\/p>\n

Price Action and Future Prospects of Hyperliquid<\/b><\/h2>\n

As per the technical analysis by CryptoCrypto, following a recent 26% drop, HYPE has hit a critical support level at $19.80, known for triggering strong price rebounds.<\/p>\n

Historical data reveals that whenever the token reaches this support level, it tends to witness substantial buying pressure and upward momentum, potentially explaining the latest whale purchases.<\/p>\n

Considering the historical price patterns, sustaining above the vital support level could pave the way for a 20% surge, aiming for the $25.50 milestone in the near future.<\/p>\n

Currently, HYPE’s Average Directional Index (ADX) stands at 15, signaling a relatively weak momentum strength.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hyperliquid: $12.5 Million Whale Activity Could Drive HYPE Token to 20% Surge Amid the current market turbulence, the majority of digital assets have witnessed a significant decline, reaching levels where they could be considered undervalued. Within this context, large investors have identified Hyperliquid [HYPE] as an attractive investment opportunity, pouring millions of dollars into the<\/p>\n","protected":false},"author":1,"featured_media":41664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-41663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/comments?post=41663"}],"version-history":[{"count":2,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41663\/revisions"}],"predecessor-version":[{"id":41666,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/posts\/41663\/revisions\/41666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/media\/41664"}],"wp:attachment":[{"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/media?parent=41663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/categories?post=41663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/btcacademy.online\/crypto\/wp-json\/wp\/v2\/tags?post=41663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}