HYPE: Whale Opens $9.1M 10x Long Position
HYPE whale 0x3ed4 opens $9.1M 10x long at $63.26 with $41.93 liquidation while also holding $8.24M ZEC long.
SourceAnalysis
Whale 0x3ed4 just opened a 10x long on 142,754 $HYPE worth $9.1M with a liquidation price at $41.93, following a similar 10x long on 13,356 $ZEC for $8.24M the prior day according to on-chain tracking of leveraged positions in altcoin futures.
Hyperliquid's native HYPE token carries a 1 billion maximum supply and powers staking, governance and fee discounts on the perpetuals platform. With price at $63.26 inside the Bollinger Bands, the upper resistance at $65.83 sits close while the 50-EMA support at $56.64 and 200-EMA at $47.85 anchor the bullish structure; RSI at 61.48 stays neutral yet the MACD death cross at 1.57 signals near-term momentum loss, pointing to a probable retracement toward the 50-EMA before any continuation higher in HYPE price prediction scenarios.
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