HYPE Defies Market Slump, Gains 6% After $18M Whale Shopping

While the broader crypto market remains under intense selling pressure, Hyperliquid HYPE $37.42 24h volatility: 1.7% Market cap: $12.48 B Vol. 24h: $419.02 M has emerged as the only top-10 altcoin surviving the red wave. The token is currently trading at around $36.05, up by around 6% in the past 24 hours.

This bullish move follows a sharp drop over the weekend when HYPE fell below $32, marking a weekly decline of 19% at the time of writing.

The dip saw around $500 million wiped off its market cap, but it also appears to have attracted large buyers.

LookonChain reported that a newly created wallet, “0xDc50,” deposited 17.5 million USDC into Hyperliquid and bought 517,602 HYPE during the weekend dip. The purchase was at an average price of $33.8 and its current worth is around $18.31 million.

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A newly created wallet "0xDc50" deposited 17.5M $USDC to Hyperliquid and bought 517,602 $HYPE($18.31M now) at an average price of $33.8 over the past 2 days.https://t.co/r4miVTUtwH pic.twitter.com/Qf070BvuZp

— Lookonchain (@lookonchain) June 23, 2025

Launched in late 2024, Hyperliquid has rapidly gained traction among investors due to its robust use case and a strong community. Analysts suggest that HYPE is one of the most closely watched cryptocurrencies of 2025.

The token’s price has skyrocketed more than 1,000% over the past year, making it the 11th largest cryptocurrency with a market cap of $11.98 billion. The recent whale activity suggests that investors still see a major long-term value in HYPE, especially during times of market uncertainty.

HYPE Price Outlook

On the 4-hour HYPE price chart, the RSI is showing neutral momentum with no overbought or oversold signals. The price still has room to move upwards, with immediate resistance seen at $38.8.

The Bollinger Bands have started to widen after a period of compression, with the price pushing the upper band. This is a potential sign of bullish continuation if HYPE sustainably stays above the $35–36 range.

Meanwhile, the MACD has flipped bullish with a positive crossover and rising histogram bars, indicating early momentum in favor of buyers. Traders could see a major resistance around $41.2 and the last week’s all-time high of $45.59.

Popular crypto analyst Trading Tank predicted that the current upward price trajectory could lead the token to a new peak in a few weeks.

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$HYPE makes new ATH in the next 2-3 weeks. Mark it ✍️ pic.twitter.com/Xi0DCbTdz6

— Trading Tank (@TheTradingTank) June 22, 2025

Subbd: Transforming Creator Subscriptions with AI

As HYPE climbs, a rising star emerges as Subbd quietly builds momentum and begins making waves in the digital content space. Subbd is targeting the $85 billion creator economy with an AI-driven platform designed to modernize how content is shared and monetized.

By incorporating Web3 features, Subbd gives creators access to automation tools that simplify the way they deliver content. At the same time, fans benefit from personalized, interactive experiences and exclusive material.

$SUBBD Token and Ongoing Presale

The SUBBD token, built on Ethereum ETH $2 444 24h volatility: 4.3% Market cap: $295.01 B Vol. 24h: $22.95 B , serves as the utility core of the Subbd ecosystem. It allows users to access premium features, earn staking rewards, and tap into AI-powered tools. Token holders can unlock perks such as early access to content, VIP livestreams, and curated releases.

Subbd’s presale has already seen strong interest, collecting $690K in contributions so far. The project is attracting growing attention with only a few hours left before the token price rises.

Presale Overview:

• Token Price: $0.0557
• Funds Raised: $690,435
• Token Symbol: SUBBD
• Network: Ethereum

For those looking to invest in a project that blends AI technology with creator-focused tools, Subbd may offer a promising entry point before its next price increase.

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