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via Cointelegraph · By Cointelegraph Staff
Silicon Valley Firm's 'Massive HYPE Buy' May Trigger 55% Hyperliquid Rally
HYPE
HYPE/USDT
$89.411
+4.84%
$89.411
+4.84%
(24s)24h Volume
$877,683,448.91
24h H/L
$89.63 / $84.68
Change: $4.95 (5.85%)
Funding Rate
+0.0053%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:10 PM UTC)
1 min read
Hyperliquid DEX's native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month.
Key takeaways:
- HYPE’s three-day chart shows a potential cup-and-handle breakout, with the neckline sitting near $45–$47.
- ETF launch, Coinbase-Circle USDC roles, and potential US…
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