{"id":21913,"date":"2026-02-12T10:26:52","date_gmt":"2026-02-12T10:26:52","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hyperliquid-price-rejects-breakdown-below-28-support-as-whale-accumulation-tightens-supply\/"},"modified":"2026-02-12T10:27:09","modified_gmt":"2026-02-12T10:27:09","slug":"hyperliquid-price-rejects-breakdown-below-28-support-as-whale-accumulation-tightens-supply","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hyperliquid-price-rejects-breakdown-below-28-support-as-whale-accumulation-tightens-supply\/","title":{"rendered":"Hyperliquid price rejects breakdown below $28 support as whale accumulation tightens supply"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hyperliquid price bounced from $28 support as large buyers stepped in and tightened circulating supply.<\/p>\n<div id=\"cn-block-summary-block_f48b3ea3e99c86098601d7a3e34369a1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>HYPE trades at $30.29, holding above key support after a failed breakdown attempt.<\/li>\n<li>Whale purchases, including Arthur Hayes and PURR\u2019s 5M HYPE buy, reinforce the $26\u2013$28 zone.<\/li>\n<li>Technical setup points to $35\u2013$40 if $32 and $35 resistance levels break, while $27 remains invalidation.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Hyperliquid was trading at $30.29 at press time, up 4% in the last 24 hours after defending the $28 support zone. The token has moved within a 7-day range of $28.50 to $36.40, and while it is still down 10% over the past week, it remains up 24% in the last 30 days and 31% year-over-year.<\/p>\n<p>Spot activity has picked up. Hyperliquid (HYPE) recorded $323 million in 24-hour trading volume, a 9% increase from the previous day. Derivatives <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/HYPE\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a> from CoinGlass shows total volume at $1.63 billion, up 5%, while open interest rose 3% to $1.39 billion. <\/p>\n<p>Rising open interest alongside price stabilization typically signals fresh positioning rather than just short covering.<\/p>\n<h2 class=\"wp-block-heading\">Whale accumulation tightens circulating supply<\/h2>\n<p>Large buyers have been stepping in around key support levels. On Feb. 12, Onchain Lens reported that Arthur Hayes bought another 20,274 HYPE tokens worth about $603,000. This brings his total holdings to 189,195 HYPE, valued at roughly $5.79 million.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Arthur Hayes (<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoHayes?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@CryptoHayes<\/a>) has bought an additional 20,274 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$HYPE<\/a> ($603K), 5 hours ago and now holds 189,195 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$HYPE<\/a> worth $5.79M.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/sG38sLXqdY\">https:\/\/t.co\/sG38sLXqdY<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/w6L7icrQus\">pic.twitter.com\/w6L7icrQus<\/a><\/p>\n<p>\u2014 Onchain Lens (@OnchainLens) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/OnchainLens\/status\/2021798539479986250?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 12, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Hayes has been openly supportive of Hyperliquid. He previously described a long-term scenario in which the annual growth in exchange fees from $1.2 billion to $258 billion could propel a 126x increase in the token. <\/p>\n<p>He has also re-allocated funds from PENDLE, ENA, and LDO into HYPE, and placed a $100,000 bet that HYPE will outperform altcoins with market caps above $1 billion through July 2026.<\/p>\n<p>In addition, another large investor flagged by Onchain Lens transferred $3 million in USDC to Hyperliquid and set spot buy orders between $28 and $22, reinforcing the lower demand band.<\/p>\n<p>Institutional-style accumulation is also visible. Nasdaq-listed Hyperliquid Strategies disclosed buying 5 million HYPE for $129.5 million at an average of $25.90, lifting total holdings to 17.6 million HYPE, while retaining $125 million in cash. Staking among Hyperliquid whales further reduces the liquid supply. <\/p>\n<h2 class=\"wp-block-heading\">Hyperliquid price technical outlook: Is $37\u2013$40 next?<\/h2>\n<p>An attempted breakdown below $28 resembled a bear trap. Price briefly slipped under the 50-day moving average but quickly reclaimed it. HYPE now trades near the 50DMA at roughly $30.40.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Hyperliquid daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>Bollinger Bands show prior volatility expansion during the $23 to $35 rally, followed by compression. The upper band sits near $37, while the lower band is rising toward $23\u2013$24. Holding above the middle of the range supports the case for further upside.<\/p>\n<p>The relative strength index has cooled off from near 70 to around 52 and is still holding above the 50 level. That\u2019s typically seen as healthy consolidation rather than a sign of weakness.<\/p>\n<p>If HYPE stays above $28 and pushes back through $32, a move above $35 could pave the way toward the $37\u2013$40 zone. On the downside, a daily close below $27, especially if accompanied by rising selling volume, would weaken the bullish outlook.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid price bounced from $28 support as large buyers stepped in and tightened circulating supply. Summary HYPE trades at $30.29, holding above key support after a failed breakdown attempt. Whale&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12466,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21913"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21913\/revisions"}],"predecessor-version":[{"id":21914,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21913\/revisions\/21914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12466"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}