Whale Moves Signal Crypto Confidence, WLFI and HYPE on Uptrend

Bitcoin’s recent market dynamics suggest that selling pressure from large holders, or "whales," has started to ease, according to on-chain analytics firm Lookonchain. This trend, observed across multiple assets, may signal a shift in sentiment and potential price stabilization in the broader cryptocurrency market. Notably, whale activity in tokens such as World Liberty Financial (WLFI) and Hyperliquid (HYPE) has contributed to recent price uptrends and increased on-chain confidence.

In the case of WLFI, a whale purchased 13 million tokens worth $2.84 million from Binance, following the project’s blocklisting of 272 addresses linked to price manipulation. This move, supported by strong trading volume and futures inflows, has driven WLFI’s price 28% higher to $0.2398 in a single day. Analyst Michaël van de Poppe highlighted the token’s volatility and volume as favorable for active trading, with a target of $0.30 if the current uptrend continues.

The token’s market capitalization now stands at $5.91 billion, reflecting increased institutional and retail participation. Futures inflows reached $113 million, with Open Interest rising 33% to $1.1 billion, indicating growing capital inflow into WLFI derivatives. Van de Poppe identified $0.21 as a key support level, suggesting a potential dip-buying opportunity if the current trend holds.

Similarly, HYPE has shown strong signs of whale accumulation, with three large investors collectively buying over $15 million worth of the token. A notable whale deposited $3.33 million in USDC to open a leveraged long position, while another spent $2 million to acquire 42,161 HYPE tokens. These moves coincided with a 7.72% price increase to $50.97 in 24 hours, with volume surging 83% to $210.53 million.

Hyperliquid’s Open Interest has grown to $2.18 billion, with a 39.5% jump in derivatives volume. Futures inflows totaled $15.08 million in a single day, and the Long/Short ratio remains heavily skewed toward long positions, particularly on Binance. This suggests sustained buying momentum and a positive outlook for the token.

On the network activity front, Hyperliquid saw its Transactions Per User hit a three-month high of 15.1, signaling broader and more intense demand. Total staked HYPE increased by 3.3% to 432 million, reinforcing the token’s appeal to investors seeking yield. Technical indicators like RSI and Stochastic RSI also show bullish momentum, with HYPE currently trading near its all-time high of $51.

While both WLFI and HYPE have benefited from whale accumulation, the broader Bitcoin market remains under observation. The easing of whale selling pressure could indicate a more stable phase for BTC, though traders remain cautious about potential pullbacks. If these trends persist, the market may see further price consolidation and renewed investor confidence.

Source: [1] Token Climbs 28% Following $2.8 Million Whale Purchase (https://coincentral.com/world-liberty-financial-wlfi-price-token-climbs-28-following-2-8-million-whale-purchase/) [2] Whale accumulation drives Hyperliquid – Is a HYPE ATH ... (https://ambcrypto.com/whale-accumulation-driving-hyperliquid-is-a-hype-ath-ahead/)