#Hyperliquid Fund Buys Big on HYPE#

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Overview

Hyperliquid Assistant Fund recently bought a large amount of HYPE, setting a new record for the highest single-day purchase. Yesterday, it accumulated over 200,000 HYPE tokens, at an average price of $21.22, with a total value of approximately $4.2 million. This caused HYPE's 24-hour trading volume to surge to approximately $20 billion, as it is one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coins, higher purchase records are expected in the coming days.

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Analysis

Hyperliquid Assistant Fund recently made a massive purchase of HYPE, setting a new single-day record. Yesterday, they bought over 200,000 HYPE tokens, averaging at $21.22 per token (about $4.2 million). This sent HYPE's 24-hour trading volume soaring to approximately $20 billion, as it was one of the first exchanges to list TRUMP and MELANIA. The HyperliquidX team discovered a MELANIA offender within 2 hours of listing, with an average ATH trade volume exceeding $17 billion. With hype surrounding the Trump family meme coins, higher records are expected in the coming days.

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Hyperliquid Assistant Fund bought heavily into HYPE, setting a new single-day purchase record.

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HYPE's trading volume surged to roughly $20 billion in the 24 hours after its listing as it is one of the first exchanges to list TRUMP and MELANIA.

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HYPE's price increased after Hyperliquid Assistant Fund bought heavily into it, with an average price of 21.22.

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Hype surrounding the Trump family meme coin could lead to continued trading volume in HYPE over the coming days.

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