Whales Are Partying, But Can Hyperliquid Hit $50 Again? LOL, Maybe!

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Oh, darling, have you heard? Hyperliquid is having a moment! Up 40% this week, it’s like the crypto equivalent of Bridget Jones finally getting her act together-minus the questionable life choices, of course. Whales are swooping in like they’re at a Harrods sale, and everyone’s wondering: can it sashay back to its October highs of $50? Spoiler alert: the charts are doing that flirty eyebrow raise thing, so who knows?

  • Hyperliquid price is up 40% this week-because who doesn’t love a good rebound?
  • Whales are buying HYPE like it’s the last pair of Jimmy Choos in their size. Sharks and dolphins are joining the party too-it’s a whole ocean of FOMO.
  • Bullish crossover confirmed! The charts are basically winking at us now.

According to crypto.news, Hyperliquid (HYPE) shot up 21% in the past 24 hours, hitting a 10-week high of $38 on Tuesday, Feb. 3. That’s like finally fitting into those skinny jeans after a month of spinach smoothies-impressive, but can it last?

Apparently, whales holding $1 million to $5 million worth of HYPE tokens are on a shopping spree, and sharks and dolphins (yes, that’s a thing) are following suit. It’s like when your friend buys a new handbag, and suddenly everyone in the office wants one. Retail investors are taking notes, because if the big fish are diving in, maybe there’s something to this?

All this buying frenzy started after the HyperCore team said they’d support the HIP 4 proposal to expand into prediction markets. Because, you know, who doesn’t love a good pivot? It’s like deciding to take up yoga after years of spinning-risky, but potentially life-changing.

Prediction markets are booming, darling, and Hyperliquid wants in. Fully collateralized contracts? Wagering on real-world outcomes? It’s like betting on whether Mark Darcy will finally notice Bridget’s new haircut-exciting, but unpredictable.

And let’s not forget staking! Investors are locking up their HYPE tokens like they’re saving for a rainy day (or a new pair of shoes). Less supply, more demand-basic economics, but with a crypto twist.

Oh, and HIP 3? That’s been the secret sauce behind HYPE’s recent gains. Commodities markets like silver and gold are all over it, and the platform’s buyback and burn mechanism is like a magic wand-97% of net fees go toward reducing supply. Deflationary pressure? Yes, please!

Hyperliquid Price Analysis: Charts or Crystal Ball?

The daily chart is giving us major bullish vibes-the 20-day simple moving average just crossed over the 50-day one. It’s like when you finally get a text back from that crush-exciting, but don’t get too carried away.

Last time this happened, Hyperliquid rallied 35% in a month. But let’s not pop the champagne just yet-the MACD and Supertrend indicators are bullish, but crypto is as predictable as a Bridget Jones diary entry.

The key target? $51, which aligns with the 78.6% Fibonacci retracement level. But if HYPE falls below $29.6 (the 23.6% retracement level), it’s like tripping in your new heels-embarrassing and potentially disastrous.

So, will Hyperliquid hit $50 again? Who knows, darling? But one thing’s for sure: it’s a wild ride, and we’re all just along for the chaos. Cheers to that!

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2026-02-03 11:27