Hyperliquid Whales Stake $204M in HYPE: Whats Next for Price?
Whales staked $204M in HYPE tokens within 24 hours as price tests key support near $57. See what the charts reveal for HYPE next. Whale wallets tied to Hyperliquid have staked more than $204 million worth of HYPE tokens within 24 hours. One whale, spread across 19 separate wallets, staked 2.93 million HYPE worth roughly $172 million. Those tokens were bought nine months ago at an average price of $44, and the position now holds close to $44.5 million in unrealized profit. Instead of selling, the wallet moved the entire stack into staking. A second whale added another $32.87 million after receiving 557,902 HYPE through FalconX and staking the full amount on Hyperliquid. Hyperliquid Whale Wallets Choose Staking Over Selling On-chain trader Wise Crypto flagged the activity on X, noting that the scale of the staking stood out given the size of the unrealized gains involved. The first whales 19-wallet structure suggests a deliberate effort to spread holdings rather than concentrate risk in one address. Whale conviction on $HYPE just hit another level. A single whale (spread across 19 wallets) staked 2.93M $HYPE worth $172M on Hyperliquid over the last 24 hours. Nine months of holding through market swings, followed by a decision to stake rather than cash out,