# Whale Transfer Related Articles

$10.32mln in HYPE exchange exits! – Could Hyperliquid target $28 next?

Sustained exchange exits of HYPE tokens, including a $10.32 million OTC whale withdrawal, indicate accumulation as buyers defend the $20.67–$23 support zone. Price remains compressed in a descending channel, with resistance at $28.21. Despite no surge, repeated sell attempts fail, RSI stabilizes, and spot netflows stay negative—reflecting supply withdrawal, not distribution. Buyer-dominant spot activity absorbs selling pressure, tightening liquidity. If demand holds, reduced sell-side pressure could propel HYPE toward $28, signaling a structural shift.

ambcrypto01/26 21:02