Hyperliquid Price Prediction: Can $HYPE Pump As Whales Bet On $100M ETH Longs

Description

Hyperliquid (HYPE) has gone up by 3.6% in the past 24 hours and it is currently the best-performing token of the top 10 with year-to-date gains of 46.4%. Its trading platform for crypto perpetual futures has been rapidly embraced by crypto native market participants as an alternative to centralized exchanges. Data from Lookonchain shows a recent transaction made by a speculator who deposited $4.3 million worth of Ethereum (ETH) tokens and opened a long position in the top altcoin worth approxima...