HyperLiquid: Whale Deposits $4M USDC to Buy HYPE
HyperLiquid sees new wallet buy 38,337 HYPE for $2.45M after $4M USDC deposit, with open orders remaining amid bullish 4h structure.
SourceAnalysis
HyperLiquid recorded a fresh wallet deposit of $4M USDC that immediately purchased 38,337 HYPE tokens worth $2.45M, leaving an open order for additional accumulation on the perp DEX.
Price action on the 4h chart shows HYPE trading at $64.65 inside the Bollinger Bands with the upper resistance at $67.53. The EMA50 at $64.51 and EMA200 at $62.71 provide layered support while MACD registers a bullish golden cross at 0.46 and RSI sits neutral at 51.18, suggesting any test of upper-band resistance will likely meet a healthy pullback to the 50-EMA before continuation. HyperLiquid perp DEX whale accumulation patterns of this size historically align with sustained flows into the platform's tokenomics structure.
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