A whale wallet has received 445,000 HYPE tokens. This significantly adds to its current holdings, triggering speculation around HODL opportunities. The transaction happened at a time when the Hyperliquid token recorded over 40% in weekly gains. It also follows the announcement about several long-short listings on the platform.
Whale Wallet Receives HYPE Tokens
A whale wallet, 0xd4d, has received $14.78 million worth of 445,000 HYPE tokens. The tokens were transferred by Galaxy Digital OTC, taking the total number of tokens to 910,000. The collective worth comes to around $25.43 million.
Out of the total holdings, the whale wallet has already staked 465,000 Hyperliquid tokens. Recently received tokens may also be sent for staking, per Onchain Lens. Notably, a whale wallet 0x9D2 recently made an additional deposit of $36.15 million into Hyperliquid to acquire more HYPE tokens.
HYPE Price Reacts
There is a noticeable decline of 5.70% in HYPE price over the last 24 hours; however, it has surged on a weekly basis. Hyperliquid tokens are up by 46.90% to $32.33 at the time of writing this article. The token further reflects a monthly gain of 24.72% and a yearly uptick of 39.93%.
The possible intention of 0xd4d to stake recently received HYPE is forming a ground for bullish HODL sentiments. The next 3-month projection underlines probable correction of approximately 22.57%, taking its value to around $24.64 amid a high volatility of 8.97%.
Nevertheless, HYPE price prediction for 2026 is bullish as the token is expected to end the year somewhere between $34.940 and $43.489.
New Listings by Hyperliquid
Hyperliquid recently announced multiple long-short listings. This includes SKR perps with up to 3x leverage, DASH perps with up to 5x leverage, and AXS perps with up to 5x leverage. It is important to note that these listings are not any kind of endorsement by the platform.
Developments across Hyperliquid and a large-scale staking of HYPE are happening after there was speculation about overcoming the $30 resistance. The alternate scenario was to face a short-term correction. The 3-month projection continues to underline the possibility of a correction for the next 3 months; however, the token is still expected to end this year on a high.
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