Hyperliquid Whale Accumulation Intensifies: Can HYPE Price Reach $100?

A large whale continues to accumulate Hyperliquid (HYPE) tokens amid its recent price rally. The whale purchased 141,442 HYPE worth approximately $11.88 million, following nearly 243,178 HYPE bought worth $20.24 million in the past few days. These purchases are part of a series of aggressive buys from this mysterious wallet, which has now accumulated over 773,107 HYPE, worth roughly $63.6 million.

The price of HYPE is currently consolidating near the $82 to $84 range, just below a key technical resistance level of $86.85. This resistance level was reached during its recent high around $86.65. Analysts believe that if the price can break above this level, it could open the doors toward $90 to $95 and eventually $100.

However, cooling volume, mixed CVD (composite volume delta), and weaker OI (open interest) suggest that the move still needs fresh buying pressure. The recent accumulation by the whale adds a strong demand catalyst, but a rejection near $86.65 could send the HYPE price back toward the $72.46 support.