{"id":31144,"date":"2026-06-08T17:44:27","date_gmt":"2026-06-08T17:44:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/arthur-hayes-re-enters-hyperliquid-as-technicals-warn-of-a-drop-below-55\/"},"modified":"2026-06-08T17:44:39","modified_gmt":"2026-06-08T17:44:39","slug":"arthur-hayes-re-enters-hyperliquid-as-technicals-warn-of-a-drop-below-55","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/arthur-hayes-re-enters-hyperliquid-as-technicals-warn-of-a-drop-below-55\/","title":{"rendered":"Arthur Hayes re-enters Hyperliquid as technicals warn of a drop below $55"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Hyperliquid has rebounded from last week\u2019s sharp selloff after Arthur Hayes appeared to re-enter the market, but bearish technical signals continue to threaten a move below the $55 support zone.<\/p>\n<div id=\"cn-block-summary-block_44a2479029a10abd45c77355df6ee154\" 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>Arthur Hayes appears to have bought HYPE again days after selling his entire $18 million position.<\/li>\n<li>Whale wallets accumulated over $79 million worth of HYPE as the token rebounded above $60.<\/li>\n<li>Bearish technical signals keep the $55 support level in focus despite renewed buying.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Hyperliquid (HYPE) traded near $61.7 on June 8 after recovering from lows below $56 reached during last week\u2019s market-wide liquidation event. The token remains roughly 18% below its recent all-time high near $75.48, while traders continue weighing renewed whale accumulation against deteriorating chart structure.<\/p>\n<p>The latest move follows fresh on-chain activity linked to Hayes. Blockchain analytics platform Lookonchain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/2063800459211780495\" target=\"_blank\" rel=\"nofollow\">reported<\/a> that a wallet associated with the BitMEX co-founder withdrew 33,978 HYPE worth approximately $2.09 million from Bybit after the correction.<\/p>\n<p>Despite speculation that the withdrawal belonged to him, Hayes quickly addressed the claims, denying that he had re-entered HYPE.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Why? You don&#8217;t wanna dump it on us again?<\/p>\n<p>\u2014 Shashank Shekhar (@shashanks_sol) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/shashanks_sol\/status\/2063869469282480578?ref_src=twsrc%5Etfw\">June 8, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Hayes\u2019s latest purchase came just four days after he disclosed that liquidating his entire HYPE position worth approximately $18 million at the time, citing rising energy prices linked to the Iran conflict, upcoming artificial intelligence IPOs, and his belief that financial markets could peak before September.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The move attracted criticism from some community members on X because it came just days after the BitMEX co-founder predicted HYPE could reach $150 by year-end and outperform every other top-10 cryptocurrency. Hayes had even placed a $100,000 charity wager on the outcome, drawing comparisons to his earlier high-conviction calls on Solana and other crypto assets.<\/p>\n<p>Besides Hayes\u2019 apparent return to Hyperliquid, whale investors have also shown renewed interest in the token. Lookonchain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/2063910432671429029\" target=\"_blank\" rel=\"nofollow\">identified<\/a> a newly created wallet that withdrew another 82,089 HYPE worth roughly $5.16 million from exchanges over the past two hours. Over the last week, the same address reportedly accumulated 1.14 million HYPE valued at more than $79 million before staking the tokens on Hyperliquid, reducing the immediately available exchange supply.<\/p>\n<h2 class=\"wp-block-heading\">Whale accumulation returns as market sentiment stabilizes<\/h2>\n<p>Fresh buying arrived after one of the sharpest corrections in HYPE\u2019s recent history. Hayes\u2019 liquidation triggered a wave of copy-selling across the market, while prominent traders including Andrew Kang and Andreas Brekken also reduced exposure during the decline.<\/p>\n<p>At the same time, crypto markets faced heavy macro pressure. Bitcoin (BTC) fell to an intraday low of $61,556 on June 4, triggering widespread liquidations across leveraged positions and forcing traders to cut risk. The broader selloff amplified losses in higher-beta assets such as HYPE.<\/p>\n<p>Regulatory pressure added another headwind during the correction. The UK Financial Conduct Authority recently issued a warning regarding Hyperliquid-related activity, adding another layer of uncertainty just as traders were already grappling with valuation concerns and an upcoming token unlock schedule.<\/p>\n<h2 class=\"wp-block-heading\">Bearish MACD crossover keeps $55 support in focus<\/h2>\n<p>The daily chart shows HYPE holding above the 0.618 Fibonacci retracement level near $54.7, which has acted as support during the current rebound. Price has also reclaimed the Supertrend support area near $57.4 and is attempting to challenge resistance around the 0.786 retracement level at approximately $64.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Hyperliquid daily price chart \u2014 June 8 | Source: crypto.news<\/figcaption><\/figure>\n<p>Momentum indicators remain less constructive. The daily MACD has produced a bearish crossover, with the histogram remaining below the zero line after peaking during the late-May rally. The rejection from the $75 area also established a lower high relative to momentum readings, leaving buyers with work to do before a sustained recovery can develop.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/TehLamboX\/status\/2063906548284559418\" target=\"_blank\" rel=\"nofollow\">According<\/a> to crypto analyst Team LAMBO, the current structure risks evolving into a head-and-shoulders formation if support fails.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c55 is the level we watch for now, if you are bearish too you can start making a positon here with [stop loss] above 75 and targets of 40-45 in mind.\u201d<\/p>\n<\/blockquote>\n<p>For bulls, reclaiming $64 would be the first step toward invalidating the bearish setup. Failure to hold the $55 support zone, however, could expose HYPE to another round of liquidation pressure as traders reassess positioning after one of the token\u2019s most volatile weeks of 2026.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid has rebounded from last week\u2019s sharp selloff after Arthur Hayes appeared to re-enter the market, but bearish technical signals continue to threaten a move below the $55 support zone.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31144","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\/31144","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=31144"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/31144\/revisions"}],"predecessor-version":[{"id":31146,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/31144\/revisions\/31146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31145"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=31144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=31144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=31144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}