Hyperliquid Hits New ATH as Whale Activity Fuels Rally Toward $100 Target
Hyperliquid’s native token HYPE surged 15% to a record $39.96 amid heavy whale accumulation, briefly eclipsing SUI’s market cap to rank among the top 11 cryptocurrencies. The rally comes despite a $28 million profit-taking move by one large holder.
On-chain data reveals sustained institutional interest even after recent volatility. Trading volumes and price action suggest bulls are consolidating for another upward push, with technical indicators pointing toward the psychologically significant $100 level.