#Hyperliquid Fund Pours Millions into HYPE#

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Overview

Hyperliquid Assistant Fund recently spent millions of dollars buying HYPE, setting a new single-day purchase record. The fund bought over 200,000 HYPE yesterday, with an average price of $21.22, totaling approximately $4.2 million. This move has drawn market attention, with HYPE's 24-hour trading volume soaring to about $20 billion, as it's one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coins, higher trading records are expected in the coming days.

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Analysis

The Hyperliquid Assistant Fund recently made a multi-million dollar purchase of HYPE, setting a new record for daily purchase volume. The fund bought over 200,000 HYPE yesterday, at an average price of $21.22, for a total of approximately $4.2 million. This caused HYPE's 24-hour trading volume to surge to around $20 billion, mainly because Hyperliquid is one of the first exchanges to list the TRUMP and MELANIA meme coins. With the hype surrounding the Trump family meme coins, higher purchase records are expected in the coming days. Notably, the Hyperliquid team identified a MELANIA perpetrator within 2 hours of HYPE's listing, indicating the fund's confidence in HYPE's future growth.

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Classic Views

Hyperliquid Assistant Fund is bullish on HYPE and has been buying heavily, setting a new single-day purchase record.

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HYPE's trading volume has surged as it is one of the first exchanges to list TRUMP and MELANIA.

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HYPE is surrounded by hype around the Trump family meme coin and is expected to see higher trading records in the coming days.

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The Hyperliquid team quickly discovered a MELANIA scammer after listing, demonstrating its confidence in HYPE's security.

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