Hyperliquid's price surged by over 15% and hit a new all-time high at $39.96, surpassing SUI's market capitalization.
Whale accumulation and increased volume contributed to the HYPE price rally despite profit-taking by bears.
Three whales accumulated a significant amount of HYPE, signaling bullish momentum in the crypto market.
With strong buying pressure and whales taking leveraged long positions, the HYPE price is expected to continue its upward trend, potentially reaching $100.