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Hyperliquid surges 12% on strong whale demand and ETF inflows, extending rally to six days

Technical Signals
16 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Hyperliquid (HYPE) surged 12% to $71.75, continuing a six-day rally driven by strong whale and institutional buying. Large investors deposited millions and opened leveraged long positions, while ETFs saw $17.19 million inflows, signaling growing traditional investor interest. Derivatives data also showed bullish trader sentiment, supporting the uptrend. If HYPE holds above $65, it could test $76 and potentially reach new highs, but failure at resistance may cause a pullback.

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