HYPE: Whale Alert! 🐳 To $50 or Bust?

Okay, so apparently some very important person – let’s call him a “whale” because crypto people love nautical metaphors – is really into Hyperliquid (HYPE). Like, *really* into it. They’re doubling down, tripling down, basically doing a swan dive into a pile of HYPE. And of course, the price went up a little. 🙄 I mean, it’s basic economics, people. Except, you know, with more emojis.

HYPE was up 5% recently, which is…fine. Look, it’s not Bitcoin, okay? It’s not even Dogecoin. It’s Hyperliquid. But progress is progress, I guess. It’s been consistently growing since launch, which is a good sign unless it’s just a really well-funded pyramid scheme. I’m not saying it is… just saying, *be careful*.

This whale, who’s already sitting on a 115% profit (show off!), decided to go full throttle with a 10x leveraged long position. On HYPE *and* Pepe? That’s…a choice. Like ordering a pizza with pineapple *and* anchovies. A bold choice. They also threw some money at Bitcoin and Ethereum because, you know, diversification. 🤷‍♀️

HYPE’s OI and revenue rising (apparently)

So, the “open interest” – which sounds like a dating app for traders – is climbing. It’s now sixth, surpassing OKX! 🎉 Which is great if you’re into ranking things. The volume, however, is still a bit…modest. It’s like being the loudest person at a library. You’re getting attention, but probably not the kind you want.

And get this, people are *paying* to buy HYPE. Seriously. They’re giving money to the sellers. It’s like paying someone to take your trash. It doesn’t make a lot of sense, but here we are. The funding rates went from 0.0066% to 0.08%. So… bullish?

Apparently, Hyperliquid makes a lot of money in fees. Like, more than Ethereum, Tron, Solana, and Bitcoin *combined*. That’s…impressive. They use that money to buy back tokens and burn them, which, I guess, is supposed to make the remaining tokens more valuable. It’s like shrinking your jeans to make yourself look thinner. It’s an illusion, but people fall for it.

So, the question is, can HYPE keep the momentum going? Or will it hit that $50 mark and just…poof? Like a crypto influencer promising you the moon. 🚀

Will price stay bullish too? (Don’t hold your breath)

Technically, the price has bounced back from the $41-$42 zone. It almost hit $50, but stopped short. A few points. Tragic. If it breaks $50, it might go to $75, which would be…something.

The volume is looking good, too, after a few days of selling. Which is good. Selling is bad. Buying is good. It’s not rocket science, people! 🚀 (See, I brought it back to space).

But let’s be real, HYPE could also just…chill. Maybe consolidate. Or even go down. It’s crypto. Anything can happen. The best-case scenario? It dips below $40 again and then shoots past $50. Because predictable is boring, right?

2025-07-21 15:23

HYPE’s OI and revenue rising (apparently)

Will price stay bullish too? (Don’t hold your breath)

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