Large Sum of $10 Million in HYPE Excellence Establishes a Fresh Achievement Record
Hype Token Smashes $43, Scaleing All-Time High Due to Whale Buys
The Hype token of Hyperliquid is soaring to new heights! Recent whale purchases have sent the token skyrocketing past $40, reaching an unprecedented all-time high of nearly $43. Approximately 9,976,000 Hype tokens were snatched up at an average cost of $38.46, igniting this wild ride. Some experts view these moves as a bold statement of confidence in the decentralized exchange and the local token [5][2].
Eager whales have been jumping on the bandwagon. Over the past 24 hours, wallets tagged "0xd83" and "0x9E8" have amassed over 99,000 Hype tokens, while the "0xab6" address waits with a pending order of 57,000 tokens, signaling continuous buying pressure, even at lower prices.
Related: Hype Tokens in High Demand Again – Is Another Hyperliquid Gold Rush on the Horizon?
Swissborg's Swipe into Hyperliquid's Ecosystem
This upward trend was boosted by a series of strong ecosystem developments. SwissBorg, a popular blockchain-based asset management company, recently announced the integration of Hype and Purr tokens onto their Meta-Exchange platforms. SwissBorg's user-friendly interface, offering smooth trading and cross-chain staking opportunities, could significantly amplify Hype's reach and liquidity [3].
A Powerful Leap Forward
According to data from CoinGecko, Hype has witnessed a 15% surge in value within the past 24 hours, quickly climbing from just below $35 to over $40. Over the past seven days, the token has boasted a 11% increase, outshining the broader crypto market's 3% gain. In the past month, Hype has spiked by 65% and now boasts a market capitalization surpassing $13.6 billion, cementing its position as the 13th largest crypto.
This outstanding performance can be traced back to several strong developments. Towards the end of May, Hyperliquid demonstrated impressive activity in the derivatives market, hitting an open interest of over $9.37 billion. The platform also made headway in regulation, engaging with the U.S. Commodity Futures Trading Commission (CFTC) to advocate for a clear regulatory framework for decentralized finance (DeFi) [5].
$600 Binance Bonus – Exclusively for Our Readers: Tap this link and seize your exclusive $600 bonus from Binance(Details) [Facebook][Twitter][LinkedIn][Telegram]
*[1: Sustainability Concerns]: The durability of the Hype token's current price point is a matter of concern, especially if the market trends southwards or whale activity tapers off.
*[2: New All-Time High]: The Hype token hit a new all-time high of nearly $43 on June 11, 2025, following a significant uptrend driven by whale buying activity.
*[3: Whale Activity]: A substantial increase in the purchasing activity of the big players, including a $10 million transaction, fueled the recent price surge.
*[4: Short-Term Outlook]: Technical indicators suggest the possibility of a near-term retracement around $36 or $30, despite robust fundamentals.
*[5: Market Indicators]: Trading volume surpassed $786 million within 24 hours, accompanied by a market cap of $14 billion. Total Value Locked (TVL) in the Hyperliquid ecosystem rose to $1.97 billion.
The integration of Hype and Purr tokens onto SwissBorg's Meta-Exchange platforms might further amplify Hype's reach and liquidity, as the company's user-friendly interface offers smooth trading and cross-chain staking opportunities, further bolstering technology-driven investments in the crypt finance sector. This upward trend in the value of Hype tokens could potentially attract more investors, particularly those interested in the latest developments in technology-focused finance and investing.
