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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

$84.762
-2.19%
24h Volume

$959,711,766.98

24h H/L

$87.42 / $83.52

Change: $3.90 (4.67%)

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$84.79

0.45%

Volume (24h): -

Resistance Levels
Resistance 3$97.0333
Resistance 2$92.5867
Resistance 1$85.2733
Price$84.79
Support 1$83.9231
Support 2$79.9859
Support 3$74.0098
Pivot (PP):$85.2733
Trend:Uptrend
RSI (14):64.3
CS
Cointelegraph Staff
(04:00 PM UTC)
1 min read
DK
Reviewed byDavid Kim

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…

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Source

Cointelegraph Staff · Cointelegraph

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