BREAKING
44d 11h ago

Whale Deposits 1.38M USDC into HyperLiquid, Opens 1x HYPE Short After 7 Months of Inactivity; Previously Profited $1.14M

HYPE

HYPE/USDT

$22.113
+3.32%
24h Volume

$534,927,455.09

24h H/L

$22.12 / $20.48

Change: $1.64 (8.01%)

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$22.02

2.23%

Volume (24h): -

Resistance Levels
Resistance 3$26.8603
Resistance 2$23.6587
Resistance 1$22.09
Price$22.02
Support 1$21.6867
Support 2$20.48
Support 3$12.4098
Pivot (PP):$21.8733
Trend:Downtrend
RSI (14):38.4

COINOTAG News, citing Onchain Lens metrics, reports that a dormant whale reactivated activity by depositing 1.38 million USDC into HyperLiquid after seven months idle and immediately opening a 1x leverage HYPE short position. Historically, this address had already booked roughly $1.14 million in profit, illustrating the potential profitability of opportunistic on-chain positioning. Traders and risk managers should note the concise balance shifts and margin dynamics accompanying this move, as inflows paired with a short bias can influence liquidity depth and near-term price discovery for HYPE. The development adds a fresh data point to on-chain sentiment around HyperLiquid tokens and their risk-reward profile in current market conditions.

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