BREAKING
84d 3h ago

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

HYPE

HYPE/USDT

$29.40
+7.97%
24h Volume

$568,888,529.70

24h H/L

$29.69 / $26.11

Change: $3.58 (13.71%)

Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$29.44

7.80%

Volume (24h): -

Resistance Levels
Resistance 3$34.683
Resistance 2$31.6473
Resistance 1$29.4825
Price$29.44
Support 1$28.3883
Support 2$27.1367
Support 3$25.63
Pivot (PP):$28.4133
Trend:Sideways
RSI (14):51.2

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.

Share News:
Don't Miss Breaking News