Whale investors are heavily accumulating $HYPE , injecting millions and signaling strong confidence in the token’s continued recovery. A newly created wallet deposited $5M in USDC, with a large portion already used to buy HYPE, showing strategic long-term positioning rather than quick speculation. This steady buying pressure is helping build a solid market structure.

Technically, HYPE has moved back above its 50-day and 100-day moving averages, indicating improving momentum. However, it is now approaching the key 200-day resistance level, which could decide its next major move. The price action remains stable and controlled, suggesting healthy accumulation instead of sudden spikes.

Overall, market sentiment is cautiously bullish as whale activity supports gradual growth. If large investors continue buying, HYPE may maintain its recovery and potentially break into a stronger uptrend.

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HYPER

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