Altcoins News
By Evie Vavasseur
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The Hyperliquid (HYPE) token is capturing market attention once again, not just for its recent price action, but for the tug-of-war playing out between major crypto whales—and…
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Recent analysis from Coinglass has revealed that two major whales are locked in a high-stakes standoff.
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Despite the evident divergence in these whale positions, the ultimate direction of HYPE may not be determined by these deep-pocketed traders.
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Additional on-chain and market data support this narrative. The volume-weighted funding rate for HYPE has remained positive since April 20, meaning traders are paying to maintain…
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Liquidation data further illustrates the imbalance between bullish and bearish expectations.
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The funding rate, currently at 0.0099%, adds another layer of insight. Long traders are now paying a premium to short sellers, indicating a strong demand to stay in bullish…
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In summary, while whales may be the headline grabbers, it’s the retail traders who are currently steering the ship.
The Currency Analytics
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