#Hyperliquid fund massively buys HYPE#
Hot Topic Overview
Overview
Hyperliquid Fund's massive purchase of HYPE has attracted market attention. Reports suggest that the Hyperliquid Assistant Fund set a new record for single-day purchases yesterday, accumulating over 200,000 HYPE tokens at an average price of $21.22, totaling approximately $4.2 million. This propelled HYPE's 24-hour trading volume to around $20 billion, as Hyperliquid is one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coins, even higher trading records are expected in the coming days.
Ace Hot Topic Analysis
Analysis
Hyperliquid Assistant Fund's recent massive buy-in of HYPE has drawn market attention. The fund set a record for single-day purchases yesterday, accumulating over 200,000 HYPE tokens at an average price of $21.22, totaling about $4.2 million. This propelled HYPE's 24-hour trading volume to approximately $20 billion, which is linked to the fund being one of the first exchanges to list TRUMP and MELANIA. Due to the hype surrounding the Trump family meme coins, HYPE's trading volume is expected to continue climbing in the coming days. Notably, the HyperliquidX team identified a MELANIA perpetrator within two hours of HYPE's listing, with individual ATH trades exceeding $17 billion. Currently, there is a divergence of opinion regarding HYPE's future trajectory, with some believing the price will continue to rise while others remain bearish.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid Assistant Fund bought a large amount of HYPE, setting a new daily high, showing strong confidence in the meme coin.
HYPE's trading volume surged after its listing on Hyperliquid, reaching around $20 billion, indicating strong market interest in the meme coin.
Hyperliquid is one of the first exchanges to list TRUMP and MELANIA, which may have contributed to the growth of HYPE's trading volume.
HYPE's price rose after the Hyperliquid Assistant Fund's large purchase, indicating that the market is optimistic about the meme coin.