Whale Activity

Hyperliquid’s HYPE token is under pressure after reported whale unstaking and exchange transfers followed a sharp pullback from its recent high. Technical traders are watching the $58 area, where a breakdown could open the door to a 14% decline and a possible retest of lower levels.

Bitcoin is consolidating above $64K and its 50 day moving average, with traders watching whether cautious demand can support a longer term base. Institutional accumulation, tokenisation pilots and regulatory changes in Japan are helping sustain interest, even as volatility risks remain.

XRP moved back above the $1.14 to $1.15 resistance band on its strongest trading volume since the recent sell-off, signaling a possible base-building phase. Traders are now eyeing $1.20 and higher levels as ETF inflows and whale accumulation continue to support sentiment.

Bitcoin rebounds from $60K support but whale selling of 20,000 BTC and rising inflation fears suggest continued downside risk. Macro conditions and ETF outflows weaken sentiment.