Hyperliquid’s HYPE token is attempting a recovery toward the $50 level, driven by whale accumulation and recent buybacks. Currently trading at $49.55, it shows resilience amid market corrections, with open interest surpassing $1.9 billion and bullish sentiment on the rise.
HYPE nears $50 resistance after whale-driven buybacks boost trading volume.
Increased derivative market activity signals growing investor confidence despite social media mindshare dip.
Token burns have accelerated to $3 million daily, supporting price stability with 540,000 annualized burns.
Discover how Hyperliquid HYPE price recovery is fueled by whales and buybacks amid 2025 market shifts. Stay ahead with insights on token utility and DEX growth. Read now for bullish signals!
What is Driving the Hyperliquid HYPE Price Recovery?
The Hyperliquid HYPE price recovery is primarily propelled by renewed whale interest and strategic buybacks that have pushed the token closer to the $50 resistance level. Trading at $49.55 as of late October 2025, HYPE has demonstrated independence from broader market corrections, supported by heightened activity in derivative markets where open interest now exceeds $1.9 billion. This momentum reflects quiet accumulation and bullish positioning among large holders, positioning HYPE for potential breakout if it surpasses the key threshold.
HYPE recovered near its higher range for the past month, but $50 is still a resistance level. | Source: CoinGecko.How Are Whale Activities Influencing HYPE Orders?
Whale activities have significantly amplified HYPE order sizes, with data from CryptoQuant indicating substantial inflows of large transactions since mid-October 2025. Spot market whales capitalized on temporary price dips to accumulate more tokens, while futures traders exhibited clear directional bias, with over 70% of positions longing HYPE—making it the third-most bullish asset on the platform after Bitcoin and Ethereum. This surge in order volumes underscores HYPE’s utility within the Hyperliquid ecosystem, where staking and holding facilitate participation in point farming programs, encouraging long-term retention. Expert analysis from on-chain metrics highlights how these large orders, despite negative funding fees for longs, signal sustained confidence, as evidenced by the largest short position of $68 million currently facing $10.59 million in losses yet persisting amid positive funding rates.
The Hyperliquid decentralized exchange (DEX) has seen its overall open interest rebound from $6.6 billion to $9.4 billion, with $3.3 billion allocated to Bitcoin alone, providing a broader supportive environment for HYPE. Although the platform’s peak open interest exceeded $15 billion prior to mid-October liquidations, current levels indicate recovering liquidity and user engagement. HYPE’s role in this ecosystem extends beyond trading, as its tokenomics promote ecosystem growth through governance and incentives, drawing parallels to established DeFi protocols.
Social media mindshare for Hyperliquid dipped nearly 30% over the past two weeks, according to Messari data, yet sentiment has shifted from neutral to bullish. This divergence illustrates that HYPE’s progress can occur through understated accumulation rather than hype-driven volatility. The October 10-11 liquidation events, which prompted explanations of the DEX’s mechanisms, temporarily diverted attention but have since stabilized, allowing focus on organic growth.
Frequently Asked Questions
What factors are contributing to the recent HYPE token buybacks?
Recent HYPE token buybacks are driven by Hyperliquid’s commitment to enhancing token value through supply reduction and ecosystem incentives. These efforts, combined with whale accumulation during price dips, have increased trading volumes and order sizes, positioning HYPE for recovery toward $50. Data shows burns reaching $3 million daily since September, supporting scarcity and long-term holder benefits like staking rewards.
Is Hyperliquid HYPE a good long-term hold in 2025?
Yes, Hyperliquid HYPE appears positioned as a strong long-term hold in 2025, thanks to its integral role in a high-activity DEX and mechanisms like token burns and point farming that reward holders. With open interest climbing and bullish whale positions dominating, it offers utility beyond speculation, though investors should monitor upcoming linear unlocks starting November 29 that could introduce $10 million in daily supply pressure.
Key Takeaways
- HYPE’s proximity to $50: The token’s trade at $49.55 amid buybacks and whale longs highlights potential for upward breakout independent of market trends.
- Rising derivative interest: Open interest over $1.9 billion and 70% long positions among whales indicate robust confidence, despite funding fee challenges.
- Token burn impact: Accelerated burns to 540,000 annualized units bolster supply dynamics, aiding price stability before November unlocks.
Conclusion
In summary, the Hyperliquid HYPE price recovery is gaining traction through whale-driven orders, strategic buybacks, and enhanced DEX activity, even as social mindshare fluctuates. With 31% of supply unlocked and burns establishing a higher baseline, HYPE demonstrates resilience in the evolving 2025 crypto landscape. Investors eyeing whale activities in Hyperliquid should watch for a decisive move above $50, which could unlock further gains—consider monitoring on-chain metrics for timely entry points into this promising ecosystem.