BREAKING
104d 8h ago

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

HYPE

HYPE/USDT

$38.103
-5.50%
24h Volume

$493,275,574.94

24h H/L

$40.38 / $37.70

Change: $2.68 (7.11%)

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$38.12

-2.66%

Volume (24h): -

Resistance Levels
Resistance 3$43.77
Resistance 2$41.0725
Resistance 1$39.18
Price$38.12
Support 1$37.5475
Support 2$34.9066
Support 3$32.7582
Pivot (PP):$38.45
Trend:Uptrend
RSI (14):58.0

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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