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HYPE Token Surges 300% as Whale Activity Sparks $28.4M Profit and Market Frenzy
HYPE Token Surges 300% as Whale Activity Sparks $28.4M Profit and Market Frenzy
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HYPE’s price skyrocketed 300%, shattering resistance levels to reach a record high of $38.75. The rally follows aggressive accumulation by whales including James Wynn and wallet 0x82d8, who collectively realized $28.4 million in profits from strategic Hyperliquid positions.
Since April 7, the token has dominated crypto gainers amid volatile market conditions. Its breakout on May 21—closing decisively above $27.50—marked a technical reversal after repeated rejections. Trading volumes suggest sustained institutional interest is driving the parabolic move.
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