Hyperliquid Whale Continues Accumulation, Leading to 14% HYPE Surge
- Hyperliquid whale purchased around a total of 12 million worth of HYPE tokens over the past two days.
- HYPE token surged 14% in the last 24 hours, which made it the top gainer today on CoinMarketCap.
Hyperliquid has created a name for itself in the crypto industry with its unique offerings and high-leverage trading. The platform has recorded significant price surges multiple times that have been led by HYPE token accumulations. On a similar note, a whale has accumulated over 12 million worth of HYPE tokens for the past few days. This has eventually led to another price surge of the HYPE token.
This whale further spent $3.67M $USDC to buy 104,614 $HYPE.
— Onchain Lens (@OnchainLens) May 25, 2025
In total, the whale spent $11.76M to buy 340,167 $HYPE at a price of $34.57, in the past 26 hours.https://t.co/97mDo1fEAG https://t.co/39uP34f1p7 pic.twitter.com/s3uLx1uZHn
On-chain transaction tracking platform Onchain Lens identified the token accumulation from a Hyperliquid whale and brought it to light. The whale spent around $3.67 million USDC and bought 104,614 HYPE tokens yesterday. The same whale spent another $8.04 million the day before and purchased 235,553 HYPE tokens at an average price of $34.17.
HYPE Surges 14%, Surpassing SUI Market Cap
The huge token accumulation, combined with renewed market optimism, has led to the HYPE token surge. At the time of reporting, the HYPE token price is at $39, with a 12.83% surge in the last 24 hours. Its market cap has also increased by 11%, standing at $13 billion. Meanwhile, its 24-hour trading volume increased by 49%, indicating increased investor confidence.
The Hyperliquid crypto project even surpassed SUI market cap and climbed up to the 11th position in the top cryptocurrencies list. With a surge in its price and market cap, the HYPE token became the top gainer on CoinMarketCap for today. The fact that the HYPE token reached a new all-time high value of $39.89 earlier today is noteworthy.
The Open Interest rate of Hyperliquid has surged 14.89%, hovering at $865.51 million, as per CoinGlass. This metric indicates increased investor sentiment and potential future growth. Combining these factors along with the broader positive sentiment in the crypto market, it is no wonder that we see another ATH of the HYPE token in the next few days.
The HYPE token has always been known for its substantial price growth. It has recorded a 53.33% weekly and a 116.68% monthly price surge. The Hyperliquid layer 1 network’s decentralized perpetual futures trading, high performance, and low fees, along with its HyperEVM compatibility, are the major reasons for its hype in the crypto market.
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Hyperliquid Whale Continues Accumulation, Leading to 14% HYPE Surge
- Hyperliquid whale purchased around a total of 12 million worth of HYPE tokens over the past two days.
- HYPE token surged 14% in the last 24 hours, which made it the top gainer today on CoinMarketCap.
Hyperliquid has created a name for itself in the crypto industry with its unique offerings and high-leverage trading. The platform has recorded significant price surges multiple times that have been led by HYPE token accumulations. On a similar note, a whale has accumulated over 12 million worth of HYPE tokens for the past few days. This has eventually led to another price surge of the HYPE token.
This whale further spent $3.67M $USDC to buy 104,614 $HYPE.
— Onchain Lens (@OnchainLens) May 25, 2025
In total, the whale spent $11.76M to buy 340,167 $HYPE at a price of $34.57, in the past 26 hours.https://t.co/97mDo1fEAG https://t.co/39uP34f1p7 pic.twitter.com/s3uLx1uZHn
On-chain transaction tracking platform Onchain Lens identified the token accumulation from a Hyperliquid whale and brought it to light. The whale spent around $3.67 million USDC and bought 104,614 HYPE tokens yesterday. The same whale spent another $8.04 million the day before and purchased 235,553 HYPE tokens at an average price of $34.17.
HYPE Surges 14%, Surpassing SUI Market Cap
The huge token accumulation, combined with renewed market optimism, has led to the HYPE token surge. At the time of reporting, the HYPE token price is at $39, with a 12.83% surge in the last 24 hours. Its market cap has also increased by 11%, standing at $13 billion. Meanwhile, its 24-hour trading volume increased by 49%, indicating increased investor confidence.
The Hyperliquid crypto project even surpassed SUI market cap and climbed up to the 11th position in the top cryptocurrencies list. With a surge in its price and market cap, the HYPE token became the top gainer on CoinMarketCap for today. The fact that the HYPE token reached a new all-time high value of $39.89 earlier today is noteworthy.
The Open Interest rate of Hyperliquid has surged 14.89%, hovering at $865.51 million, as per CoinGlass. This metric indicates increased investor sentiment and potential future growth. Combining these factors along with the broader positive sentiment in the crypto market, it is no wonder that we see another ATH of the HYPE token in the next few days.
The HYPE token has always been known for its substantial price growth. It has recorded a 53.33% weekly and a 116.68% monthly price surge. The Hyperliquid layer 1 network’s decentralized perpetual futures trading, high performance, and low fees, along with its HyperEVM compatibility, are the major reasons for its hype in the crypto market.
Highlighted Crypto News Today:
Jupiter (JUP) Shows Strong Recovery Signs After 73% Price Drop
Read More
Bergen County Adopts Avalanche Blockchain to Tokenize $240B in Property Deeds