HYPE has recently maintained a trend of volatile upward movement, consolidating above $42. In the short term, attention should be paid to a breakout of the $45–$48 resistance range. The continuous accumulation by major players and the progress of ETFs are providing mid-term momentum for growth on the long side, while the protocol fundamentals remain strong; institutional capital inflows are likely to stimulate buying demand. However, insufficient active on-chain buying and limited transaction expansion mean that there are structural risks, such as momentum for a push higher falling short of expectations, unlocking-related selling pressure, and key personnel dependence. Strategy advice: Continue to monitor changes in trading volume. If volume supports a breakthrough of $48, the target area can be raised to $50–$60; otherwise, beware of a pullback risk toward the $42–$43 support zone. Dynamically adjust positions, emphasizing capital management and risk control.

Starting from the consolidation phase near $36 in early April, HYPE’s price has been gradually trending upward, closing at $44.64 on April 17, and has steadily held above the $42 support for several days. Daily trading volume has ranged between $9 million and $13 million, with higher volume on up days, effectively confirming the bullish trend. In the short term, the price is facing the $45–$48 resistance area; if this level is broken with increased volume, the upward movement is likely to continue.

Hyperliquid ($HYPE) token declined 1.56% to $44.02 amid slight weakness in the global crypto market and altcoin selling pressure. Trading volume dropped over 10% to $376 million, indicating reduced trader participation without panic selling. Despite the dip, Hyperliquid gained about 15% over the past week. The token remains above $42 support, with potential rebound to $48 if volume increases. A US ETF listing is progressing, while network activity and fees remain strong.

Hyperliquid Price Slips amid Altcoin Weakness and HYPE Volume Dip

Multiple major holders continue to increase their positions, reflecting their recognition of HYPE’s bullish logic. On one hand, some whale investors have scaled down their short positions in oil after realizing stable profits and shifted those gains to long positions in HYPE. On the other hand, some suspected internal accounts from the industry have frequently withdrawn margin, raising the forced liquidation price to build a lower and safer long position. Additionally, well-known traders continue to add high-leverage longs, bringing the total open interest to tens of millions of dollars. Nevertheless, differentiated signals in on-chain cumulative trading volume indicate that active buying has not fully caught up, and caution is warranted regarding the risk of insufficient short-term follow-through.

On April 15, a major whale investor with heavy positions in three key markets earned $1.3 million in daily profit while continuing to reduce WTI crude oil short positions by $4.3 million. The combined portfolio's unrealized gains reached $4.7 million, with $1.6 million in US stocks (Nasdaq 100 and S&P 500 longs), $1.33 million in commodities (WTI and Brent crude shorts), and $1.8 million in crypto (BTC and HYPE longs).

"Heavy Positioning in Three Major Markets" Whales Choose to Partially Exit Crude Oil Short Positions, Portfolio Gains $1.3M in a Day

Hyperliquid's native token HYPE rebounded 108% from its January low of $21 to retest $45, the highest since October 2025. However, on-chain data shows divergence: spot cumulative volume delta (CVD) is negative, indicating weak aggressive buying despite price gains, and futures CVD remains flat, reflecting cautious trader sentiment. BitMEX co-founder Arthur Hayes predicts a potential 200% rise to $150 by August if Hyperliquid gains centralized exchange market share. Analysts warn of possible volatility if bullish momentum fades.

HYPE has rebounded 108% from this year's low, with on-chain data showing a divergence from the price trend.

On April 15, the largest HYPE long position, suspected to be an insider, withdrew $8 million in margin after profits expanded to $8 million, raising the liquidation price from $30.1 to $33.6, indicating an expectation that the price won't fall below this level. The address currently holds a $61.6 million HYPE long with 5x leverage at an average price of $38.67, with profits narrowing to $6.76 million. Since HYPE's rebound from $20.4 in January, the address has repeatedly withdrawn large amounts, totaling over $10 million, while the liquidation price has steadily increased.

HYPE's top 1 whale withdrew 8 million margin, raising the liquidation price to $33.6.

Fed Chair nominee Walsh may face challenges securing congressional approval before May 15. "Big Brother" Ma Ji increased BTC and HYPE long positions, now valued over $56.5 million. Bitcoin rallied with U.S. equities, but options markets show downside risk. A Trump advisor stated the U.S. can block Iranian ports indefinitely. A new wallet withdrew $1.62 million in WLFI from a CEX. Bitcoin saw selling pressure after hitting $76,000, with exchange inflows at a cyclical high. The Bless project dumped 300 million BLESS tokens, causing a 55% price drop.

Planet Afternoon News

Machi Big Brother (Huang Licheng) has increased his long positions in BTC and HYPE, with his overall position value now exceeding $56.50 million. His holdings include a 25x-leveraged ETH long position worth $32.255 million, a 40x-leveraged BTC long position worth $15.117 million, and a 10x-leveraged HYPE long position worth $9.104 million, collectively showing a floating profit of nearly $1.9 million.

Machi Big Brother increased his BTC and HYPE long positions, and the current overall position value exceeds $56.50 million.

The ETF application for Hyperliquid is progressing steadily, and once approved, it will significantly introduce institutional capital flows, further strengthening medium-to-long-term buying demand. On the protocol level, network transaction volume in the past 30 days is close to $100 billion, with annualized fee income approaching $900 million. This demonstrates that the platform's liquidity and profitability are consistently improving, with long-term fundamentals that are healthy and attractive.

The $HYPE price has surged over 110% from its yearly low, holding steady at its highest since last October amid a crypto market rally and 21Shares' updated Hyperliquid ETF filing with the ticker THYP. Hyperliquid's network volume exceeded $193 billion in 30 days, with strong fee growth generating $880 million annually. Despite ETF demand risks, $HYPE's price shows bullish momentum, targeting $50 and potentially reaching its all-time high of $60.

HYPE price prediction as 21Shares updates its Hyperliquid ETF filing

Hyperliquid, founded by Jeff Yan, is a three-year-old decentralized perpetual contracts platform with an 11-person team, zero VC funding, and over $900 million annual profit. Yan, a physics Olympiad gold medalist, transitioned from a financially free life running a major anonymous crypto trading firm to rebuilding the financial system. Hyperliquid's innovative blockchain-based exchange offers open, user-controlled perpetual contracts, capturing 37% of the decentralized market and enabling independent teams to deploy diverse asset markets globally.

Hyperliquid Jeff Yan Feature: 11-Person Team, Zero VC, $900M Annual Profit – What’s His Secret?

Although the price has recently reached a new high, differentiated on-chain trading volumes and a flat futures buy position suggest uncertainty about the strength of the bulls. Meanwhile, market commentators warn of the risk of selling pressure from large-scale token unlocks, key-person dependence within the project, and other structural safety concerns. This creates a setting for potential short-term fluctuations and sentiment divergence. Overall, the bulls and bears are expected to engage in repeated battles within the resistance zone.

Midnight ($NIGHT) is nearing a new all-time low, showing a persistent downtrend with bearish chart patterns and declining volume, indicating ongoing selling pressure. In contrast, Hyperliquid ($HYPE) is approaching a critical resistance zone with strong fundamentals, increasing volume, and a potential historic breakout that could shift it into a price discovery phase. Ethereum ($ETH) shows signs of recovery, aiming for $3,000 if it breaks key resistance, but faces macrostructural challenges and significant short positions.

Midnight (NIGHT) on Its Way to All-Time Low: What's Next? Hyperliquid's (HYPE) Historical Breakthrough, Ethereum (ETH) Can Hit $3,000, But There's a Catch: Crypto Market Review

Crypto analyst Catrina Wang argues that HYPE, despite being an impressive project, is unlikely to double its current $40 price given its $40 billion FDV. Key concerns include significant token unlock-induced selling pressure, lack of marginal buyers, escalating hacker risks, and critical personnel dependency. She highlights that HYPE's valuation surpasses comparable exchanges and questions its sustainability without substantial new demand, urging caution despite market hype.

Contrarian View: Why HYPE Won't Double in Value?

If HYPE is able to break out of the $45–$48 resistance with significantly increased trading volume, it could open a potential upside toward the $50–$60 range. In the short-to-medium term, positive signals for a break above this range should be closely watched. The ongoing accumulation by major holders and ETF expectations provide momentum for further gains. Conversely, if trading volume does not increase distinctly, be wary of a price retracement to seek support in the $42–$43 region.

Hyperliquid

Crypto Whale’s $180M HYPE Purchase via Galaxy Digital Reveals Stunning Institutional Confidence

Hyperliquid (HYPE) Hits 60-Day High as Arthur Hayes Announces HIP4

It’s not a given that the European Central Bank’s next move on interest rates will be a hike, according to Governing Council member Martins Kazaks.

Kazaks: Will not oppose bets on two interest rate hikes this year

Waller: Rapid resolution of the Middle East situation may allow for interest rate cuts later this year.

Waller: Overall PCE inflation year-over-year in March may reach 3.5%

The Federal Reserve's Waller expressed caution regarding interest rates, warning of the risks of prolonged warfare.

Bitcoin and Altcoins Soared: A Major Whale Seized the Opportunity and Made a Massive Investment in an Altcoin

Fed's Daly: Rates May Remain Unchanged

Daly: The federal funds rate is slightly above the neutral level of 3%.

Bybit-eu

Live chart for Hyperliquid to USD conversion. Check out HYPE to USD prices in real time. Convert, buy, sell, and trade Hyperliquid on Bybit-eu.

Hyperliquid Price: HYPE Live Price Today | HYPE Market Cap & Chart Analysis | Bybit-eu

current_price

price_change_24h

high_24h

low_24h

volume_24h

market_cap

circulating_supply

max_supply

ath_price

atl_price

HYPE price today is 45.42, with a live price change of 4.47 in the last 24 hours. Convert, buy, sell and trade HYPE on Bybit-eu.

Track Hyperliquid live price, market cap, 24-hour trading range, and real-time chart data on Bybit-eu.

Hyperliquid Pris

Prisstatistik

Hyperliquid Nyheder

Hvad Kan Du Gøre Med Hyperliquid?

Pris historik (USD)

Hyperliquid Ressourcer