Hyperliquid Price Surge, But For How Long? HYPE Token $12M Move

Hyperliquid Price Surge: $12M Move and 425K Stake Raise Big Questions

Hyperliquid is again trending in the crypto world. A huge 12 million HYPE token transfer worth $411 million shocked many traders. Soon after, the project also started staking 425,000 coins (worth $14.5 million).

These two events created strong interest and a lot of questions. Many traders are now watching the Hyperliquid Price Surge very closely to see what happens next.

The $12M HYPE Whale Activity That Started the Confusion

According to Wu Blockchain data, the asset moved 12M tokens from its treasury to Hypercore.  This transfer includes:

• 1.2% of the total supply

• 3.54% of the circulating supply

This is a very big amount. Because of this, some traders worried that it might increase selling pressure. Large transfers often make the market nervous. This also created a lot of talk in the community about whether the Hyperliquid Price Surge will continue or slow down.

$14.5M Staked: A Positive Sign Behind the Fear

Right after the huge transfer, the network started staking 425,000 tokens, which is around $14.5 million. This is a very strong sign because:

• Staking reduces circulating supply

• It shows long-term confidence in the project

• It supports the asset’s ecosystem’s future growth

Many top crypto analysts believe that this staking update strengthens today's $HYPE Token news and even boosts the price prediction further.

Hyperliquid Price Surge Analysis: Current Market Condition

At the time of writing, $HYPE price today is standing at $34.80, having gained almost $2 in the last 24 hours, as per TradingView chart. Its 24 hours trading volume is $344.48M, dropped by 26.75%.

Even with lower volume, the price is staying stable. This is a good sign for the ongoing price breakout trend

1. Price Action: HYPE bounced from $30 and is now stable near $34.7.
   This shows the market is calm and waiting for the next move.

2. MACD: It is still bullish, but  momentum is slowing down a bit.

3. RSI: It is between 56 and 61, which means the price is not overbought yet, and it still has room to grow.

Popular crypto analyst Crypto King shared a bold statement: “$HYPE just tapped a major support zone. This is a perfect opportunity to accumulate before a reversal. The chart is preparing for new highs.”

His comments increased market confidence and added more strength to the Hyperliquid Price Surge story.

Will Hyperliquid Go Up or Fall? Here’s The Price Prediction

Short Term $33 – $38: If the MACD stays positive, the $HYPE token breakout potential  can retest $38. If fear returns due to the 12M transfer, the price may fall to $32.

Mid Term $40 – $52: Staking reduces supply, which can push prices up. If more tokens get locked, demand will stay strong.

Long Term: $70 – $120: If the asset continues to grow, and if its L2 ecosystem becomes stronger, hyperliquid price prediction may reach triple-digit prices.

Final Summary

The 12M whale activity and token transfer scared some traders, but the $14.5M staking activity shows strong long-term confidence. Technical charts also look positive, and analysts expect a reversal soon.

The price surge may continue as more traders start accumulating. Traders should keep an eye on its support and resistance levels to confirm a clear trend pattern before a major leg up.

Disclaimer: This article is for educational purposes only. Crypto markets are risky. Please do your own research before investing.