HYPE Price Analysis: $8.17 Million Whale Sale Puts $80 Support in Focus

Hyperliquid price faces selling pressure after a reported $8.17 million whale transfer, with $80 emerging as a critical short-term support level. A breakdown below $80 could expose lower liquidation zones, while a recovery above $85.51 may strengthen bullish momentum toward higher resistance. The Hyperliquid (HYPE) price is facing renewed selling pressure, with the token trading near $81.36 in the latest chart snapshot after retreating from recent highs. The pullback comes as traders monitor a major holder’s $8.17 million HYPE transfer to Kraken and a concentration of leveraged positions around key price levels.

Source: Coinpedia