A subsidiary of #Hyperliquid has applied for a U.S. FCM license. This quarter, the company spent $785 million to buy 9.1 million #hype , with unrealized gains of approximately $803 million.
Meanwhile, four whale addresses have fully exited, realizing combined profits of approximately $5 million.
Key levels: $75.17 is short-term support; if it breaks, watch the $68.35–$60.50 range.
Institutions are optimistic about the long-term outlook, but whales have started taking profits, so keep an eye on selling pressure in the short term.
Meanwhile, four whale addresses have fully exited, realizing combined profits of approximately $5 million.
Key levels: $75.17 is short-term support; if it breaks, watch the $68.35–$60.50 range.
Institutions are optimistic about the long-term outlook, but whales have started taking profits, so keep an eye on selling pressure in the short term.
