Hyperliquid Whales Show Conflicting Moves as HYPE Hits Fresh Peak
BeInCrypto
Hyperliquid (HYPE) reached a new all-time high of $64, with major investors exhibiting mixed behavior through simultaneous heavy buying and profit-taking.Summary
Hyperliquid (HYPE) hit a new all-time high of over $64 this Sunday following a 40% weekly gain. On-chain data reveals a split among high-net-worth investors: while some whales, including Garrett Jin, are aggressively accumulating millions of dollars in HYPE, others are taking profits by selling large quantities of their holdings. Notably, BitMEX co-founder Arthur Hayes has actively adjusted his position, and other major wallets have moved to offload significant amounts of the token as it hits record price levels.
(Source：BeInCrypto)