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via Cointelegraph · By Cointelegraph Staff

Hyperliquid Bear Flips Bullish After Losing Over $46M Betting on HYPE Price to Drop

HYPE

HYPE/USDT

$67.066

+5.49%

$67.066

+5.49%

(24s)

24h Volume

$996,916,918.27

24h H/L

$67.77 / $62.96

Change: $4.81 (7.64%)

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$67.43

▲ 0.75%

Volume (24h): -

Resistance Levels

Resistance 3$76.98

Resistance 2$72.1339

Resistance 1$67.8514

Price$67.43

Support 1$66.9759

Support 2$64.0025

Support 3$60.7135

Pivot (PP):$67.05

Trend:Uptrend

RSI (14):55.0

Cointelegraph Staff

(04:00 PM UTC)

1 min read

Reviewed byDavid Kim

508 views

0 comments

A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing.

Key takeaways:

Trader has opened fresh long positions in Arthur Hayes' trinity coins: HYPE, ZEC, and NEAR.
HYPE has extended its bull pennant breakout and is now eyeing a rally above $100.

Whale reverses HYPE bet after $46.46 million loss

On Tuesday, the trader known as…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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