#Hyperliquid Fund Buys Massive Amount of HYPE#

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Overview

Hyperliquid Fund's massive purchase of HYPE has caught the market's attention. Reports indicate that the Hyperliquid Assistant Fund purchased over 200,000 HYPE yesterday, setting a new single-day record. The average price was $21.22, totaling approximately $4.2 million. This caused HYPE's 24-hour trading volume to surge to around $20 billion, as Hyperliquid is one of the first exchanges to list TRUMP and MELANIA. Due to the hype surrounding the Trump family meme coins, HYPE's trading volume is expected to continue climbing in the coming days.

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Analysis

Hyperliquid Assistant Fund's recent massive buy-in of HYPE has caught the market's attention. According to Planet Daily, the fund purchased over 200,000 HYPE yesterday, setting a new single-day record, at an average price of $21.22, totaling about $4.2 million. This caused HYPE's 24-hour trading volume to skyrocket to about $20 billion, which is linked to the fund being one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coins, higher purchase records are expected in the coming days. However, some users hold a bearish view on HYPE, pointing out that the HyperliquidX team discovered a MELANIA criminal within 2 hours of the listing, whose average ATH transaction volume exceeded $17 billion. Overall, the massive buy-in by Hyperliquid Assistant Fund indicates strong market interest in HYPE, but its future trajectory remains to be seen.

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Hyperliquid Assistant Fund is bullish on HYPE and bought heavily, setting a new daily high purchase record.

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HYPE's trading volume increased significantly, reaching approximately $20 billion in 24-hour volume, as it is one of the first exchanges to list TRUMP and MELANIA.

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HYPE is experiencing hype, and higher trading records are expected in the coming days.

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The HyperliquidX team discovered a MELANIA criminal within 2 hours of listing, which may suggest security issues with HYPE.

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