#Hyperliquid Fund Buys Big on HYPE#
Hot Topic Overview
Overview
Hyperliquid Assistant Fund recently made a massive purchase of HYPE, setting a new single-day record. Yesterday, it accumulated over 200,000 HYPE tokens at an average price of $21.22, totaling approximately $4.2 million. This has propelled HYPE's 24-hour trading volume to around $20 billion, as it is one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coin, even higher trading records are expected in the coming days.
Ace Hot Topic Analysis
Analysis
Hyperliquid Assistant Fund recently made a massive purchase of HYPE, setting a new record for single-day buying volume. Yesterday, it accumulated over 200,000 HYPE tokens, averaging $21.22 per token (approximately $4.2 million), with a 24-hour trading volume of around $20 billion. This surge is primarily attributed to HYPE being one of the first exchanges to list TRUMP and MELANIA tokens, sparking hype surrounding the Trump family meme coins. The HyperliquidX team discovered a MELANIA perpetrator within 2 hours of HYPE's listing, who had an average ATH trading volume exceeding $17 billion. Nevertheless, the future trajectory of HYPE remains contentious, with some predicting continued price growth while others maintain a bearish stance.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid Assistant Fund is bullish on HYPE and bought a large amount of the token.
HYPE trading volume surged, partially due to being one of the first exchanges to list TRUMP and MELANIA.
Hype surrounding the Trump family meme coin is heating up and higher trading volumes are expected in the coming days.
The HyperliquidX team discovered a MELANIA scammer which could impact the price of HYPE.