Hyperliquid whales push selling pressure, but THIS keeps HYPE stable

Hyperliquid Whales Push Selling Pressure on HYPE

Hyperliquid is experiencing intense selling pressure from large holders, yet price remains anchored above critical support levels. This divergence reveals an interesting dynamic: whale distribution is meeting organized retail accumulation.

• Trading range: $22.40 - $24.80 (24h volatility)

Price Action & Key Support Levels to Watch

• Major support: $21.50 (psychological floor where buying clusters emerge)

• Resistance: $25.20 (breakout zone from previous consolidation)

Why Retail Accumulation Is Keeping HYPE Stable

• Volume spike: 340% above 30-day average during selloff

• Net whale outflow: 2.3M tokens over 72 hours