Whale of a Time: Four Cryptocurrencies That Are Making Waves! 🐋💸

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Oh, cryptos! Just when you think they’ve gone quiet like that old uncle at family gatherings, they spring back to life, often with the enthusiasm of a toddler on a sugar high. And guess who’s diving headfirst into this wild ocean of volatility? That’s right, a whale! No, not the kind that sings stanzas from Moby Dick, but a canny trader making quite a splash with a $120 million long position across BTC, ETH, PEPE, and HYPE. 🤑

  • So, this whale is surfing the waves with a 40x long on Bitcoin, because who doesn’t like living dangerously? 🤪
  • The poor HYPE token is back at the $44-$45 support zone after a brief, uninvited jolt upwards. The poor thing must be experiencing déjà vu. 🙃
  • Hyperliquid, the secretive new star of trading platforms, hit $648 billion in volume for Q2! It’s getting so big it might soon need its own zip code! 📈

Big Bets and Bigger Balls

Our mysterious whale, armed with a impressive history on Hyperliquid, has raised its game—40x long on Bitcoin, 25x long on Ethereum, and a casual 10x each on PEPE and HYPE, because who doesn’t want to gamble with all their chips? The total bet? A whopping $120.8 million! Current unrealized profits? A modest $1.17 million. Like finding loose change in the couch cushions. 😏

In the words of our financial oracle, Spot On Chain, here’s where it gets spicy:

• $BTC (40x), $ETH (25x), $HYPE (10x), and $PEPE (10x) — all on max-leverage longs.

• Current position size: $120.8M

• Unrealized P&L: +$1.17M

This same trading genius is apparently holding over 501,000 HYPE tokens, which are lounging around worth about $23.35 million. Not too shabby! The unrealized gains from that treasure chest? A neat $12.48 million, which is at least enough to buy a few gold-plated yachts. 🚤

Support, Please? HYPE’s New Hangout Zone

As of now, HYPE is making a modest appearance at $46.98, having enjoyed a brief 3% power-up in the last day. If tokens were actors, this one would be pacing nervously backstage after a slight 4% retreat. 🎭

Currently, HYPE is joyfully hovering around the $44-$45 support zone, which previously acted more like a bouncer than a friend. If it can manage to bounce back, who knows? It might just aim for the $49-$50 premiere. But if it loses its grip, it could tumble dangerously close to the trendline around $42. Think of it like a precarious balancing act on a tightrope strung between two skyscrapers! 🏗️

Indicators: Not Just Fancy Terminology!

On the fun side of technical analysis, the Parabolic SAR is hanging out below the price line, signaling that the uptrend is alive and well. And with an RSI reading of 62.68, it’s flirting dangerously close to the signal line! What a sassy little number! 🕺

According to Coinglass, the daily trading volume on Hyperliquid rocketed up by over 63% to hit $1.46 billion. What a party! Open interest is also wigging out, up by nearly 2%, now standing at $2.13 billion. In case you were wondering, yes, that’s a lot of zeros!

Oh, and did you hear? Our pal Hyperliquid has rolled out new access points through Phantom wallet for users in the EU. Because everyone loves feeling like they’re in an exclusive club while trading crypto! 🥳

In the last quarter, Hyperliquid processed an eye-popping $648 billion in trades. Yes, you read that right! With an annual total of $1.57 trillion, it’s safe to say this exchange is not just playing in the kiddie pool anymore. It now holds a staggering majority of the perpetual DEX market, leaving its nearest competitor in the dust like a forgotten piece of chewing gum.

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2025-07-21 17:01