HYPE Pullback Triggers Multisig Dip on Hyperliquid, $3.4 million TWAP Order Buys Spot

BlockBeats News, May 18th, according to Hyperinsight monitoring, following a significant surge in HYPE this morning to $47, a slight pullback was observed. Multiple addresses on Hyperliquid placed buy orders in batches using TWAP (Time-Weighted Average Price) to accumulate positions. As of the time of writing, a total of 8 traders across the existing orders are planning to buy over 75,400 HYPE tokens, equivalent to approximately $3.4 million.

On the contract side, a recent large position whale (0x1ee) is planning a 10x leveraged long position for 50,000 HYPE tokens, worth around $2.26 million, at an average price of $45.76. Currently, buy orders of approximately $1.29 million in size are still being filled in batches.

Address: 0x1ee7a73cb5b0b6b056d8138085b2009e6a6bedf5