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Whales Propel HYPE Token to All-Time High with $24 Million Accumulation
Whales Propel HYPE Token to All-Time High with $24 Million Accumulation
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BTCCSquare news:
HYPE, the native token of Hyperliquid platform, surged to a record high after whales amassed over $24 million worth of tokens within 20 hours. The buying spree triggered a 7% daily gain, with qianbaidu.eth and wallet 0xe0f0 leading the charge through multimillion-dollar acquisitions.
Market sentiment remains bullish as traders cite rising volumes, technical indicators, and stablecoin USDH integration. Since its 2024 airdrop debut at $3.90, HYPE has quadrupled in value—propelling its fully diluted valuation past $1.2 billion. The token briefly retreated from its peak but maintains strong institutional interest.
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