Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
HYPE Rebound signal emerges: Whale sweeps $21.5 million at $22.
[Coin World] Recently, the market movements of Hyperliquid are quite interesting. Those big players didn't rug pull when the price fell; instead, they aggressively built a position near the support line of 22-24 USD, with single purchases exceeding 21.5 million USD. The signals behind this should not be underestimated—continuing net outflows from the exchange, coupled with a declining funding rate, indicate that the momentum of dumping is gradually being absorbed.
From a technical perspective, although HYPE is still under the pressure of a descending wedge, there are several details worth noting. The RSI indicator has entered the oversold zone, and seasoned traders are generally bullish now. Combined with the aggressive Build a Position actions from whales, the probability of a rebound is increasing, while the possibility of a continued fall is actually shrinking. This drop seems more like it is building momentum for the next wave of upward movement.