Whales Drive Controlled Growth in HYPE Token Through Strategic Accumulation
Large investors in the Hyperliquid ecosystem have shifted market dynamics for the HYPE token since December 2024. Instead of speculative trading, whales are executing calculated accumulation strategies—purchasing ~20,849 HYPE per transaction between $7.91 and $8.69—to minimize slippage and leverage cross-exchange liquidity. This disciplined approach has transformed single-digit holdings into positions exceeding 250,000 tokens.
The whale activity correlates with sustained TVL growth and stable fee generation, contrasting sharply with typical meme coin volatility. Transactions show deliberate pacing, blending decentralized and centralized exchange flows. Other major wallets mirror this pattern, suggesting coordinated demand-side pressure rather than organic retail participation.
