Hyperliquid Whale Refuses to Close HYPE Short Despite Being Down $22M

HYPE

HYPE/USDT

$87.632

+3.39%

$87.632

+3.39%

(24s)

24h Volume

$729,717,890.39

24h H/L

$88.01 / $84.61

Change: $3.40 (4.02%)

Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$87.87

▲ 2.86%

Volume (24h): -

Resistance Levels

Resistance 3$101.5591

Resistance 2$98.2013

Resistance 1$91.0304

Price$87.87

Support 1$85.2733

Support 2$74.0098

Support 3$67.0998

Pivot (PP):$85.1033

Trend:Uptrend

RSI (14):67.4

Cointelegraph Staff

(01:44 PM UTC)

1 min read

Updated bySarah Chen

0 comments

A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the trader sitting on more than $22 million in unrealized losses.

Key takeaways:

HYPE’s 134% year-to-date rally, rising ETF inflows and fresh whale accumulation may deepen squeeze pressure on the short seller.
Technical setups suggest a potential 20% pullback toward $51.5–$45.