- Hyperliquid price rose above $25 as buyers flocked to the HYPE token.
- Lookonchain has shared details about two whales added to the Hyperliquid location.
- Lookonchain noted that large investors deposited $5 million in USDC with Hyperliquid to purchase more HYPE tokens.
Bitcoin’s rally toward $90,000 on Monday captured the attention of the broader market, but Hyperliquid stood out among the assets that posted noteworthy gains.
HYPE, the native token of the decentralized perpetual trading platform, rose nearly 5% as it crossed the $25 level.
This development follows on-chain data showing massive whale trading early in the session and continued accumulation of large holders.
The sentiment was further supported afterward. super liquid We have shared updates regarding HYPE trading activity and transparency on the platform.
HYPE joins a group of tokens showing strong 24-hour performance, along with Midnight, Sky, Kaspa, and Sei, as widespread interest extends beyond Bitcoin’s movements.
Hyperliquid whales buy more hype and prices rise.
Recent on-chain data highlighted by X’s Lookonchain shows strategic accumulation by two prominent whale wallets.
On December 22, 2025, Lookonchain noted that large investors had deposited $5 million in USDC into Hyperliquid to purchase more HYPE tokens.
One of the wallets contained 214,497 HYPE, which was worth over $5.44 million at the time and still boasts $5.52 million and is likely to jump in soon.
Other whales held 102,460 HYPE worth $2.61 million and $2.45 million in dry powder for future purchases.
Both whales had money in the USDC stablecoin.
In the last hour, two whales deposited an additional $5 million USDC. #hyperliquid purchase $HYPE.
0xDAeF currently holds 214,497. $HYPE($5.44 million), and still has $5.52 million. $USDC Ready to buy more.
0x3300 currently holds 102,460. $HYPE($2.61 million), and still has $2.45 million. $USDC Additional allocation… pic.twitter.com/qwWh2GB1vN
— Lookonchain (@lookonchain) December 22, 2025
As mentioned, HYPE’s price, which fell over 14% over the past seven days as it fell to $22, quickly regained the $25 threshold.
Amid the altcoin rally, the bounce could accelerate and retest the $30 resistance area.
Whales can offer huge bidding walls. The surge in buying pressure was reflected in a 15% surge in daily trading volume.
Hyperliquid Labs Comments on HYPE Insider Trading
HYPE’s price has fallen sharply in recent weeks following allegations of insider trading.
Now Hyperliquid has officially addressed these concerns.
In the update, the team strictly denies any misconduct by its members.
According to a statement shared with
Hyperliquid Labs emphasizes strict ethical standards. This includes a comprehensive trading policy that prohibits team members from trading HYPE-related derivatives and maintains a zero-tolerance stance on insider trading.
The co-founder of Hyperliquid Illiensic posted a similar update on Discord.
While the platform dismissed the insider trading allegations as simply the work of an unaffiliated former employee, the co-founder pointed out two key facts. Employees and teams may not trade derivatives with HYPE tokens or trade using inside information. The same contents cannot be transferred to a third party.