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Hyperliquid
Key Insights:
- James Wynn has placed a $6.2 Million bet on HYPE at 10x leverage.
- A crypto expert has made a bold prediction that HYPE could be on the verge of a major pump. It could double in price.
- Amid this strong market structure, traders remain highly bullish. They believe that HYPE price will unlikely fall below $45 anytime soon.
Hyperliquid (HYPE) has once again garnered massive attention from the crypto community. This hype emerged following the entry of multimillionaire crypto trader James Wynn with strong long positions.
On July 17, 2025, Wynn shared a post on X announcing that he had gone long on the HYPE coin.
James Wynn Places a High-Conviction Hyperliquid Long
The post gained widespread attention from investors and traders, spreading like wildfire. He stated it was time to go long on Hyperliquid in the post.
According to the shared snapshot, he opened a new position with 10x leverage worth $6.2 Million at $48.19. This position could be liquidated if the HYPE coin price falls below $44.872. Wynn used a $613,805 margin to open this position.
This is the third trade Wynn has shared since the start of the market uptrend. Before this, he had two successful trades in PEPE and Bitcoin.
However, this trade by Wynn occurred amid substantial price consolidation following the recent breakout from an ascending triangle pattern. With this, the price is still hovering within a narrow range.
Traders Stack Longs in a Tight Band
In addition to Wynn, other traders appear bullish on the Hyperliquid. They are strongly betting on the upside. Traders are heavily leveraged at $44.98 on the downside, holding $8.30 Million in long positions.
On the upside, $47.80 is burdened with $6 Million worth of shorts. These levels highlight increased risk and potential volatility in the market.
This narrow range, where HYPE coin hovers, suggests that bulls dominate the asset. At press time, Hyperliquid was priced at $46.36, down nearly 2% over the past 24 hours.
This decline followed a broader market correction. However, investor and trader participation surged during this period, resulting in a 30% increase in trading volume.
Experts’ Bold Price Prediction for HYPE Coin
Given the current market sentiment and ongoing upside momentum, a crypto expert boldly predicted that an altseason is imminent. They noted that HYPE coin looks strong.
Additionally, he shared a liquidation snapshot. This indicated that $45 is one of the most significant liquidation levels where traders hold long positions.
Meanwhile, another crypto expert predicts that Hyperliquid is just one strong pump away from doubling to $90. These predictions and traders’ strong interest in the asset suggest significant upside potential in the coming days.
Hyperliquid Price Action and Upcoming Level
According to technical analysis, HYPE coin has recently broken out of a bullish ascending triangle pattern. Also, the ongoing consolidation is retesting the breakout. Hyperliquid has been consolidating within a tight range on the daily chart for over a week.
HYPE may break out of this consolidation zone based on recent price action and historical momentum. If this happens, it could experience another 80% upside move. If this scenario continues, the coin may reach the $77 level soon.
During this sideways movement, HYPE’s RSI has dropped below the overbought zone and currently stands at 64. An RSI below 65 and rising interest indicate that the asset may be ready for another strong rally.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
