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via Cointelegraph · By Cointelegraph Staff
Silicon Valley Firm's 'Massive HYPE Buy' May Trigger 55% Hyperliquid Rally
HYPE
HYPE/USDT
$57.95
+1.63%
$57.95
+1.63%
(24s)24h Volume
$233,222,105.73
24h H/L
$58.06 / $56.77
Change: $1.29 (2.27%)
Funding Rate
+0.0051%
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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