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Hyperliquid surges 27% weekly as whale buys $36M and token burns hit 48.86M, but profit-taking may slow gains

Technical Signals
23 Sep 2026
AMBCrypto
View Source
Neutral
Hyperliquid surges 27% weekly as whale buys $36M and token burns hit 48.86M, but profit-taking may slow gains

Hyperliquid (HYPE) has risen 2.85% in 24 hours and 27% over the week, reaching a new peak above $97. The rally is fueled by a large buyback and burn program that removed 48.86 million tokens from circulation, alongside significant whale buying, including a $36 million purchase that raised one whale's holdings to $400 million. Despite bullish momentum, profit-taking by institutions like Wintermute and heavy short positions near $100 could limit further upside. The next price move depends on these mixed signals, with possible retests of support levels around $88, $75, or $70.

The story on Hyperliquid price and whale activity is presented with Pluang's market context. For readers following major cryptocurrencies on Pluang, 7 out of 50 rose while 42 fell today. Notable movers include EOS with a price of Rp12.649 and a 1-day change of +8.13%, DOT at Rp19.622 down 8.06%, and KSM at Rp77.354 down 7.75%. This data is as of Sep 24, 2026 05:22 WIB.

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