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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

$91.84

-1.28%

$91.84

-1.28%

(24s)

24h Volume

$874,845,994.32

24h H/L

$94.38 / $90.41

Change: $3.97 (4.39%)

Funding Rate

-0.0041%

Shorts pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$91.80

▼ -0.68%

Volume (24h): -

Resistance Levels

Resistance 3$94.4261

Resistance 2$93.268

Resistance 1$92.6633

Price$91.80

Support 1$91.1411

Support 2$90.2333

Support 3$89.63

Pivot (PP):$92.4033

Trend:Sideways

RSI (14):0.0

Cointelegraph Staff

(04:00 PM UTC)

1 min read

Reviewed byDavid Kim

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…

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Source

Cointelegraph Staff · Cointelegraph

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