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Hyperliquid Could Rise Another 55% After Massive HYPE Accumulation
Hyperliquid’s native token, $HYPE, has once again moved into the spotlight following a major buying spree by a wallet linked to Silicon Valley venture capital giant Andreessen Horowitz (a16z).
Over recent weeks, the address accumulated approximately $90.87 million worth of $HYPE. As a result, the market has once again begun discussing the possibility of a continued rally in the token.
Technical Structure Suggests Further Upside Potential
Additional interest is being fuelled by the token’s technical setup.
On the long-term chart, $HYPE appears to be forming a bullish continuation pattern that many traders view as a classic signal for further upside.
Such structures typically emerge after a sharp decline, followed by gradual recovery and a period of consolidation before another upward move.
In the case of $HYPE, the token initially dropped from roughly $46 to $21 before gradually recovering back toward the key resistance zone around $45–$47.
That range now remains the market’s primary battleground.
If $HYPE successfully establishes support above this area, many traders will likely interpret it as confirmation for a move toward new all-time highs.
Three-day $HYPE/$USDT chart. Source: TradingView.
Traders Are Targeting the $71–$72 Region
As of Monday, the token was undergoing a modest correction following its recent recovery — a phase that many traders consider normal before a possible continuation higher.
If price manages to break above the $45–$47 range, many analysts are targeting the $71–$72 region sometime in 2026.
From current levels, this would represent potential upside of roughly 55% and could lead to a new all-time high.
Wallet Linked to a16z Accumulated Nearly $91 Million in HYPE
Interest in $HYPE is being supported not only by technical factors but also by whale activity.
On Monday, wallet address 0xb5E4 — linked by Lookonchain to Andreessen Horowitz — purchased an additional 372,000 $HYPE worth approximately $16.91 million within just a few hours.
Following the purchase, the wallet’s total holdings rose to 2.11 million $HYPE.
At current prices, the position is valued at approximately $90.87 million.
As a result, many market participants are closely monitoring both the token and the behaviour of large investors.
Transaction history of wallet 0xb5E4. Source: Arkham Intelligence.
HYPE Is Outperforming Bitcoin and Ethereum
At the same time, $HYPE has shown stronger performance than most major cryptocurrencies despite broader market weakness.
Over the past 24 hours, the token gained roughly 7%, while Bitcoin fell 1.22% and Ethereum declined 2.22%.
Year-to-date performance looks even more striking:
- $HYPE is up approximately 80%;
- Bitcoin ($BTC) is down around 12.5%;
- Ethereum ($ETH) has fallen roughly 28.3%.
$HYPE/$USDT performance since the beginning of the year compared to $BTC/USD and $ETH/USD. Source: TradingView.
ETFs, Coinbase, and USDC Add Momentum to Hyperliquid
Large-scale purchases by funds and institutional investors often increase market attention toward an asset, especially when price is already testing key resistance levels.
The HYPE accumulation linked to a16z coincided with several positive developments surrounding Hyperliquid.
Last week, spot $HYPE ETFs launched in the United States.
For many traditional investors, this created a more accessible way to gain exposure to the token through regulated financial products.
Additional attention also came from the involvement of Coinbase and Circle in expanding USDC infrastructure within the Hyperliquid ecosystem.
Analysts Expect Further Growth Potential
Trader Pentoshi believes Hyperliquid’s revenue could increase by 5–10 times if the United States adopts clearer cryptocurrency regulations, including the possible passage of the CLARITY Act.
According to him, such regulatory clarity could encourage greater participation from hedge funds, proprietary trading firms, and asset managers.
If institutional interest continues expanding, this could further support demand for $HYPE through higher trading volumes, increased platform revenues, and growing confidence in the Hyperliquid ecosystem.
See also: "Zcash Surges Nearly 10% After SEC Closes Investigation"
