$HYPE Whales strongly lean toward buying, but the real risk may be getting trapped by this upward bias.
HYPE is trading at 78.433, while long whale positions total $94.08M versus $41.76M for shorts, with a notional Long/Short ratio of 225.28%. There are 222 whales in buy positions versus 206 on sell. Buy positions have an unrealized profit of $2.62M, while unrealized losses on the sell side are $2.84M. Also, the last 30 minutes’ activity leans to buying: 135 buys versus 54 sells.
My plan: Entry zone 77.0–78.4. TP1 at 80.5, TP2 at 82.0. SL at 75.8. Invalidation below 75.5.
If the price holds 76–77, the uptrend may continue toward the targets. But breaking 75.5 could turn the crowding of buy positions into a trap. Funding is positive at 0.005%, so I’m monitoring leverage risk.
HYPE is trading at 78.433, while long whale positions total $94.08M versus $41.76M for shorts, with a notional Long/Short ratio of 225.28%. There are 222 whales in buy positions versus 206 on sell. Buy positions have an unrealized profit of $2.62M, while unrealized losses on the sell side are $2.84M. Also, the last 30 minutes’ activity leans to buying: 135 buys versus 54 sells.
My plan: Entry zone 77.0–78.4. TP1 at 80.5, TP2 at 82.0. SL at 75.8. Invalidation below 75.5.
If the price holds 76–77, the uptrend may continue toward the targets. But breaking 75.5 could turn the crowding of buy positions into a trap. Funding is positive at 0.005%, so I’m monitoring leverage risk.
