Whale Buy $21M HYPE, Push Hyperliquid Reach $50 ATH
Hyperliquid HYPE token jump go $50 peak afta one whale drop $21 million USDC take buy 466,421 HYPE for average price $45. Dis big buy make 5x rally from $9 low. On-chain info show say HYPE perpetual contract trade $27 billion for 24 hours, 35 times pass im spot volume $770 million. Hyperliquid TVL grow from $500 million go $2.23 billion inside eight months, fuel platform fees. Hyperliquid Assistant Fund burn 97% daily fees—about $6.63 million—to back buyback and reduce supply. With whales like Arthur Hayes wey hold big position, HYPE strong on-chain metrics and strong buybacks make am one big player for this altcoin season.
Bullish
Di whale buy wey cost $21M and di steady strong on-chain action show say strong buying pressure dey behind HYPE. Large inflows dey always come before price rise for altcoins, like how ETH whales dey gather before dem rally. Hyperliquid dey do big trading volume—$27 billion for perpetuals—and TVL grow four times, e show say more people dey use di platform. Assistant Fund get 97% fee buyback wey reduce supply, e help price too. Big investors like Arthur Hayes wey dey increase dem holdings dey boost confidence and dey attract retail traders. For short term, HYPE fit test resistance above $50, momentum trading go drive am. For long term, if TVL continue to grow and on-chain activity strong, HYPE fit become market leader during altcoin season. Unless market sentiment turns bearish, all these factors dey favor bullish outlook for HYPE and related trading strategies.