HYPE Price Slides 15% as Whales Unstake $150M, Is More Selling Ahead?

NewsFri, 24 Jul 2026 11:35:00 UTC1 hour ago
HYPE Price Slides 15% as Whales Unstake $150M, Is More Selling Ahead?

  • Whale unstaking of $150 million has increased concerns about potential selling pressure.
  • ETF outflows and bearish indicators continue weakening HYPE's short-term momentum.
  • Holding $54 to $55 support could trigger a rebound toward $63 and beyond.

Hyperliquid — HYPE, has entered a difficult period after posting one of the strongest performances this year. HYPE recently traded near $70 before falling sharply toward the $58 region. The sudden decline has caught many traders by surprise. Large whale transactions, weaker institutional demand, and bearish technical signals have all contributed to growing uncertainty. Even so, HYPE remains one of 2026's best-performing cryptocurrencies despite the latest correction.

https://twitter.com/i/status/2079760524695454188

Whale Activity Raises Fresh Concerns

HYPE has fallen roughly 15% during the past week, including a 7% decline over the last day. Even after that pullback, the token still holds gains of more than 129% since the beginning of 2026. Such performance highlights how strong the earlier rally had become before recent selling pressure appeared.Much of the latest weakness follows several major unstaking transactions involving well-known crypto investment firms.

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