Whale Activity Fuels HYPE Rally: Are Whales Positioning for Another Breakout?

Crypto whales are once again buying Hyperliquid’s HYPE token, indicating a strong belief in the cryptocurrency’s potential. Recent activity shows a surge in large-scale purchases, with at least three whale wallets accumulating significant positions. This follows HYPE’s recent recovery to $34.88, still hovering near its all-time high. 2 whales bought HYPE above $35, adding $3.5M to their holdings, while a third placed a limit buy order at $24.95, betting on potential price corrections.