Hyperliquid's HYPE Sets $64.21 ATH as Whale Unstakes 443,180 Tokens to Unwind Short

HYPE climbed to a new all-time high of $64.21 on May 24 as a Hyperliquid whale began reducing a short under pressure. The wallet unstaked 443,180 HYPE (about $27M) and had sold 231,899 HYPE (about $14.15M) at press time, with 211,281 more tokens (about $13M) still being offloaded. The trader also retained a 141,500 HYPE short valued at about $8.67M.