HYPE Price Bounces Back After $44M Whale Loss, Binance and Coinbase Support Boost

The HYPE price has rebounded sharply, recovering from recent volatility that saw a $44 million whale liquidation earlier this week, which rattled ￰0￱ plunging to around $36, the HYPE price surged over 7% in the past 24 hours, now trading around $40 as bullish sentiment ￰1￱ Reading: 84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns The rally follows its landmark listings on Binance and Coinbase, a move that has sparked renewed confidence in the fast-rising DeFi Layer 1 ￰2￱ to on-chain data from Coinglass, funding rates have flipped positive while whale accumulation has ￰3￱ suggest the next HYPE price target could be the $51.15 resistance level if buying pressure continues, with RSI levels slowly trending toward neutrality after oversold ￰4￱ comeback supports Hyperliquid’s resilience despite high-leverage trading risks exposed by the whale’s massive ￰5￱ and Coinbase Listings Spark Institutional Momentum The simultaneous listings of HYPE on Binance and Coinbase have been pivotal for the ￰6￱ exchanges introduced major trading pairs like HYPE/USDT and HYPE/BTC, dramatically improving global liquidity and ￰7￱ dual-listing marks Hyperliquid’s official transition from a niche derivatives protocol into a mainstream DeFi contender, attracting both institutional and retail ￰8￱ interest has also accelerated following reports that BlackRock and Fidelity are exploring integrations of Hyperliquid’s oracle feeds into upcoming ETF ￰9￱ no official confirmation has been issued, analysts view this as strong validation of Hyperliquid’s underlying technology, which is known for its sub-millisecond transaction speeds and hybrid consensus that combines proof-of-stake with zero-knowledge ￰10￱ Outlook: Signs of a Broader HYPE Price Revival Technically, the HYPE price structure is showing early signs of recovery after testing key support around the 200-day EMA, near $38.

If momentum holds, analysts expect a push toward $51.15, where the next major resistance sits. HYPE's price records small profits on the daily chart.) has climbed over 150% since late October, evidence of sustained ecosystem ￰11￱ Reading: Valuation Model That Puts XRP Price Above $18,000 Stuns Community With funding rates turning positive and exchange inflows rising, traders anticipate that HYPE may regain its prior highs sooner than ￰12￱ the whale’s $44 million loss remains a cautionary tale of leverage gone wrong, the market’s swift rebound suggests confidence in a further HYPE price ￰13￱ image from ChatGPT, HYPEUSD chart from Tradingview