HYPE: Whale Orders $2.475M Buy at $61.98

HYPE whale that lost $230 million in prior liquidations just deposited $40 million to Hyperliquid and placed a limit order to buy $2.475 million worth at $61.98, adding to an existing 148,000 token spot stack valued at $9.127 million with $624,000 unrealized profit.

The trader also runs a 5x long BTC position of 504 coins worth $38.88 million showing a $160,000 loss and a 3x short ZEC position of 57,000 coins worth $37.54 million down $1.54 million. With price testing upper Bollinger resistance at $65.33 while RSI sits at 65.27, a healthy retracement to the 50-EMA support at $54.72 seems probable before further continuation in this bullish EMA structure.