Hyperliquid Whales Stake $204M in HYPE: What’s Next for Price?

Whales staked $204M in HYPE tokens within 24 hours as price tests key support near $57. See what the charts reveal for HYPE next.

Whale wallets tied to Hyperliquid have staked more than $204 million worth of HYPE tokens within 24 hours.

One whale, spread across 19 separate wallets, staked 2.93 million HYPE worth roughly $172 million. Those tokens were bought nine months ago at an average price of $44, and the position now holds close to $44.5 million in unrealized profit. 

Instead of selling, the wallet moved the entire stack into staking. 

A second whale added another $32.87 million after receiving 557,902 HYPE through FalconX and staking the full amount on Hyperliquid.

Hyperliquid Whale Wallets Choose Staking Over Selling

On-chain trader Wise Crypto flagged the activity on X, noting that the scale of the staking stood out given the size of the unrealized gains involved. The first whale’s 19-wallet structure suggests a deliberate effort to spread holdings rather than concentrate risk in one address. 

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