According to Pentoshi, it was a significant misjudgment to believe that purchases would be made at market prices, suggesting a critical view on current market buying strategies.

According to Lookonchain, a significant investor has recently deposited $5M USDC to Hyperliquid, acquiring 73,959 $HYPE valued at $1.51M at market price. Additionally, a limit order has been placed to purchase 183,768 $HYPE for $3.5M at prices of $19.04 and $19.05. This whale currently holds a total of 999,255 $HYPE, equivalent to $20.84M, indicating a strong bullish sentiment and potential upward price pressure on the $HYPE market.

According to Reetika (@ReetikaTrades), several users might need to start buying cryptocurrencies in the market immediately due to urgent financial needs for their families. This suggests a potential increase in buying pressure which could influence short-term price movements.