Massive Whale Buys Push HYPE to New All-Time High

TL;DR Whales accumulated $24M in HYPE within hours, fueling momentum as the price closes in on ￰0￱ charts show a strong support trend line, with $52 resistance key for the next bullish ￰1￱ governance vote on USDH ticker may redirect $5.5B and yield $220M ￰2￱ Accumulate Millions in HYPE Hyperliquid (HYPE) just breached its previous all-time high as whales continue to add large ￰3￱ the last 16 hours, wallets linked to major buyers have picked up more than $24 million worth of ￰4￱ reported that ￰5￱ bought 260,900 HYPE ($13M) in the past 16 hours via 2 ￰6￱ the same period, wallet 0xe0f0 opened a long position of 136,906 HYPE ($6.9M). Two other wallets, 0x328B and 0x23fA, added another $2.13M and $2M in tokens, with the latter staking its purchase shortly ￰7￱ are bullish on $HYPE.

qianbaidu. eth bought 260,900 $HYPE ($13M) in the past 16 hours via 2 wallets. 0xe0f0 opened a long position of 136,906 $HYPE ($6.9M) in the past 6 hours. 0x328B bought 43,415 $HYPE ($2.13M) in the past 12 hours. 0x23fA bought and staked 42,161… ￰8￱ — Lookonchain (@lookonchain) September 8, 2025 CoinGecko data shows that HYPE skyrocketed to a new all-time high of just over $51. The token is up 7% in the last 24 hours and 13% over the past week, with daily trading volume at $360 ￰9￱ analyst Nanji noted the scale of recent buys, writing , “Whales straight up aped $24M into $HYPE in the last 16 hours… we might be staring at $65 HYPE sooner than u think.” Technical Chart Shows Bullish Setup Chart analysis from Kamran Asghar points to a supportive trend line that has carried HYPE higher since early ￰10￱ of the three retests of this line has been followed by a strong bounce, showing steady accumulation at lower ￰11￱ action is now testing resistance at $52, a level that has been rejected multiple times in the past ￰12￱ stated, “$52.00 is a resistance after which a good bullish momentum will be seen.” A breakout could pave the way toward $54–$56, with the rising trend line acting as ￰13￱ Vote on Stablecoin Ticker The Hyperliquid community is preparing for a governance vote on September 14 over the USDH ￰14￱ reported that the vote is focused on strengthening the platform’s native stablecoin strategy and reducing exposure to ￰15￱ passed, the change could redirect up to $5.5 billion from USDC and generate an estimated $220 million in yearly yield for HYPE ￰16￱ decision will serve as a test of the network’s community-driven governance model.