HYPE Surges Trigger Whale FOMO, Hyperliquid Sees $2.8 Million Net Buying Pressure in Next 24 Hours

BlockBeats News, May 19th, according to Hyperinsight monitoring, driven by the recent surge in HYPE and a boost to $48 this morning, multiple addresses on Hyperliquid have placed buy orders in batches using TWAP (Time-Weighted Average Price) to chase the uptrend. As of the time of writing, among the existing orders, a total of 5 whales planning to buy over 10,000 HYPE spot coins each, totaling over 96,900 HYPE, with a corresponding amount of approximately $4.65 million.

Currently, some of the above buy orders have been partially executed. According to existing orders, the TWAP net buying pressure on HYPE is expected to reach $2.8 million within the next 24 hours.