HYPE Price Surge Spurs Large Buy Orders on Hyperliquid
On May 19, HYPE's recent price increase, reaching $48, has led to significant buying activity on Hyperliquid. According to BlockBeats On-chain Detection, several addresses have placed buy orders using the TWAP (Time-Weighted Average Price) method to accumulate HYPE. As of the latest update, five major buyers plan to purchase over 10,000 HYPE tokens, totaling more than 96,900 tokens. These orders have already seen partial fulfillment. Based on current orders, the TWAP net buying power for HYPE is expected to reach $2.8 million in the next 24 hours.
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