Why HYPE's Bullish Bias Holds as a $101M Whale Climbs Back From Near Liquidation

Three Things to Know A Hyperliquid wallet holding about $101 million in longs climbed back from the edge of liquidation into profit. HYPE still trades above both its 50-day and 200-day averages, and momentum is turning up. The floor just under the 50-day line now decides whether the bullish bias survives. A large Hyperliquid trader came close to a forced exit this week and then recovered. On-chain data showed the wallet's leveraged longs in Bitcoin, Ether, HYPE and ZEC swinging back into unrealized profit by Nov. 4. The episode puts leverage on the platform back in focus for HYPE holders. The token has recovered part of a weak month, and buyers lead a young trend. Traders now want to know if that support can hold through the next liquidation wave.

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