Hyperliquid targets $79; can HYPE beat $55M sell pressure?
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Hyperliquid targets $79; can HYPE beat $55M sell pressure?

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Hyperliquid’s native token $HYPE hit a fresh all‑time high of $76.95 on June 16, pushing its year‑to‑date gain to roughly 179.45 percent.

Whale Accumulation Resumes

Large holders have re‑entered the market, with one entity identified as Garrett Jin acquiring 71,092 $HYPE for an estimated $5.06 million. Another anonymous whale snapped up 50,000 $HYPE at about $3.58 million and now controls roughly 200,000 $HYPE valued at $14.33 million.

Ongoing TWAP Strategy

On‑chain data shows Garrett Jin maintains a time‑weighted average price (TWAP) order, meaning he will continue buying $HYPE in systematic increments over a preset schedule. Analysts interpret persistent whale buying as a bullish signal that could attract additional investor interest.

Retail Traders Power the Rally

Individual investors have been the primary drivers behind $HYPE’s surge, especially as the token breached its record price. The growing gap between whale and retail activity suggests that smaller participants are capitalizing on momentum and adding to their positions.