Hyperliquid (HYPE) Whales Are Gobbling Up Tokens—A $50 Breakout Looms
Whale wallets are loading up on Hyperliquid—and the charts are screaming breakout.
When the big players move, markets listen. A concentrated accumulation pattern has emerged around HYPE, with on-chain data revealing a quiet but aggressive buying spree from addresses holding significant bags. This isn't retail FOMO; it's capital positioning for a major leg up. The technical setup now points toward a potential surge targeting the $50 zone, a level that would mark a monumental run from its current footing.
The Mechanics of the Move
This accumulation phase bypasses the noisy day-trading crowd entirely. It's a strategic, calculated build-up of liquidity, often the precursor to a violent price expansion. The order books are thinning on the sell-side, a classic sign that supply is being absorbed before a parabolic move. Forget the gentle grind—this is the calm before the storm.
Why $50 Isn't Just a Pipe Dream
Market structure tells the story. Key resistance levels have been systematically dismantled on rising volume, confirming the whale-led demand. Each pullback gets bought faster than the last, creating a series of higher lows that act as a launchpad. The $50 target isn't plucked from thin air; it's the next major liquidity pool and a psychological magnet for momentum algorithms and, yes, more late-coming whales. It’s the kind of target that makes traditional finance guys clutch their pearls over their 5% annual returns.
The bottom line? When whales feed, the tide rises for everyone—at least until they decide to cash out and leave everyone else holding the bag, as is tradition in this beautifully cynical casino we call crypto.
HYPE Eyes a Potential Breakout With $50 in sight
Additionally, the crypto analyst, Hyper_Up, pointed out that the token is still experiencing strong selling pressure as the overall market structure is still exhibiting downwards movement. At the moment, the price is trading at about $23.55, which is situated in the AF accumulation zone, which is prone to short-term reactions.
A break below $23 could potentially open the token up to further downside action, with aggressively low prices such as $16 coming into view. Prior to the establishment of a long-term bottom, the market will have to provide confirmation through weekly liquidity, such as the establishment of a weekly fractal, before the validity of the subsequent low can even be considered.
Source: Hyper_Up
The whole correction is still in progress relative to the swing high of $50.15 and market sentiments. Once the confirmation of a low is achieved in the weekly charts, a new range formation might begin with its pivot aligning in the $33-$34 region as a correction target. Until then, the buying options are only tentative and do not FORM a concrete plan for traders and investors.
Also Read: Hyperliquid Moves Toward HYPE Token Burn as Validators Prepare to Vote
