- Whale purchases $4.42 million in HYPE tokens, impacting liquidity.
- Significant market reactions noted in trading volume.
- Potential price increase in WLD due to leveraged position.
BlockBeats News reported a crypto whale deposited $4.33 million USDC into HyperLiquid to purchase 130,715 HYPE tokens valued at $4.42 million.
This move involves leveraging HYPE’s liquidity and indicates a strategic positioning within HyperLiquid’s ecosystem.
Whale’s $4.42M HYPE Purchase and Market Reactions
The whale’s activity on HyperLiquid involved purchasing 130,715 HYPE tokens at approximately $33.8 each, using a USDC deposit of $4.33 million. This transaction suggests a possible strategic maneuver to bolster HYPE token’s liquidity and influence market dynamics in favor of the trader.
The whale also holds a 2x leveraged long position on WLD, generating an unrealized profit of $200,000.
On-chain trackers like OnchainLens have captured these developments, but no significant public statements from major industry players have surfaced. The actions underscore the significance of whale trades in shaping short-term market trends, while traders and developers continue to monitor potential impacts.
HYPE Token Valuation and Regulatory Implications
Did you know? A similar whale activity in May 2025 prompted significant trading activity in Bitcoin, causing it to reach new heights.
As of May 24, 2025, CoinMarketCap reports the HYPE token at $34.78 with a market cap of $11.61 billion. Notable changes in price over recent periods include a 30.59% rise in the past week. Despite a 2.08% decrease in 24 hours, the 60-day trend remains robust at 113.23%.
Coincu research indicates that these whale trades could drive regulatory and technological shifts as HyperLiquid experiences increasing speculative activity. Long-term observance of similar patterns, with peaks and troughs, may incentivize regulatory scrutiny under volatile market conditions, balancing innovation with market stability.
“A prominent whale has opened two significant leveraged long positions on Hyperliquid: a 40x leveraged long on Bitcoin ($BTC) and a 10x leveraged long on Pepe ($PEPE), currently showing unrealized profits of approximately $11.65 million and $11.1 million respectively.” — The Data Nerd, On-chain Analyst
Source: https://coincu.com/339425-whale-hype-purchase-crypto-market/