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

HYPE

HYPE/USDT

$57.255

+0.92%

$57.255

+0.92%

(24s)

24h Volume

$230,675,328.17

24h H/L

$57.61 / $56.64

Change: $0.9700 (1.71%)

Funding Rate

+0.0051%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$57.24

▲ 0.54%

Volume (24h): -

Resistance Levels

Resistance 3$62.1584

Resistance 2$59.7549

Resistance 1$57.5833

Price$57.24

Support 1$56.7086

Support 2$55.1361

Support 3$53.0016

Pivot (PP):$56.7333

Trend:Sideways

RSI (14):50.8

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.