According to the latest data provided by the AI monitoring system, on February 5, an address flagged as a whale steadily accumulated HYPE tokens worth up to $7 million over a 12-hour period. Analysis shows the average purchase price for these tokens was $34.9, and the whale’s position is currently at a floating loss of $272,000.
From a market performance perspective, HYPE tokens have seen a recent pullback, with the price dropping from a short-term high of $37.87 to $33.54—a decline of 11.4%. This price correction could trigger more short-term trading activity, with market participants closely watching the token’s future movement.
Industry analysts noted that whale-level capital involvement is often seen as a key indicator of market sentiment, especially when HYPE tokens are in a correction phase. Investors are advised to remain cautious and evaluate risks prudently.