#Hyperliquid Fund buys massive amount of HYPE#

Hyperliquid Fund's massive purchase of HYPE has sparked market debate. According to Planet Daily, Hyperliquid Assistant Fund bought over 200,000 HYPE yesterday, setting a new single-day record. The average price was $21.22, for a total of about $4.2 million. This boosted HYPE's 24-hour trading volume to approximately $20 billion, as it is one of the first exchanges to list TRUMP and MELANIA. Some analysts believe that Hyperliquid Fund's massive purchase reflects market optimism about HYPE and predict higher trading records in the coming days. Additionally, the HyperliquidX team identified a MELANIA criminal within 2 hours of HYPE's listing, with an average ATH transaction volume exceeding $17 billion, further intensifying market focus on HYPE. Despite this, some investors remain bearish on HYPE, arguing that its price rise is driven primarily by hype and may face a correction risk in the future.