Hyperliquid

DeFi

bullish

<p style="text-align: justify"><a href="https://en.coin-turk.com/hyperliquid-open-interest-hits-11-07-billion-hip-3-and-rwa-set-2026-records/" rel="noopener noreferrer nofollow">Hyperliquid</a> (HYPE) is maintaining stability as buyers actively defend support near $52, even as resistance continues to limit further price recovery. Monetalis, a prominent crypto fund, recently moved substantial holdings from <a href="https://en.coin-turk.com/uniswaps-uni-rises-5-6yuzde-as-technical-indicators-point-to-bullish-reversal-network-activity-grows/" rel="noopener noreferrer nofollow">Uniswap</a>’s UNI token into Hyperliquid’s HYPE, reflecting what market watchers interpret as growing confidence in Hyperliquid’s potential for further upside.</p><h2 id="monetalis-strengthens-hype-positioning">Monetalis strengthens HYPE positioning</h2><p style="text-align: justify">At the time of reporting, HYPE trades at $56.38, with a 24-hour trading volume of $130.28 million and a market capitalization standing at $14.23 billion. Despite a recent correction from its June high above $75, HYPE has rebounded 1.29% over the past day. Recent trading activity and large-scale accumulation suggest that HYPE might be preparing for a bullish reversal in the days ahead.</p><p style="text-align: justify">Crypto analyst HypedLaunches noted HYPE’s stabilization after the sharp decline from its $75 peak, with renewed buyer interest emerging around the $52–$54 range. Following a strong rally from $20–$30 earlier this year and a surge past $50, bulls now aim to reclaim ground lost during the latest downturn.</p><p style="text-align: justify">Current chart analysis identifies $52–$54 as a crucial support zone, while $57–$60 remains immediate resistance. A definitive move above $60 could serve as the catalyst for the next leg upward towards $62–$65. Still, muted trading volumes reveal that momentum remains subdued.</p><blockquote><p>Current on-chain data from Lookonchain shows that Monetalis shifted $13 million by selling 3.72 million UNI through Cumberland and acquired 171,543 HYPE, valued at $9.56 million. These moves underscore increased confidence in Hyperliquid’s decentralized derivatives platform, but also raise short-term selling pressure on UNI.</p></blockquote><h2 id="decentralized-derivatives-see-renewed-accumulation">Decentralized derivatives see renewed accumulation</h2><p style="text-align: justify">As Monetalis accumulates HYPE, market participants are weighing whether this influx of institutional capital could be a leading signal. Technical analysis continues to emphasize the importance of steady monitoring around the key $52–$54 support and $57–$60 resistance levels, as price remains constrained within this trading range.</p><p style="text-align: justify">Traders are closely observing broader market dynamics, including a recovery trend in <a href="https://en.coin-turk.com/binance-and-sec-legal-process-implications-for-bitcoin-price/" rel="noopener noreferrer nofollow">Bitcoin</a>, which may indirectly support HYPE’s upward trajectory. Bullish sentiment is beginning to regain momentum, but the overall move is subject to confirmation by higher trading volumes and a decisive close above $60.</p><blockquote><p>While current activity highlights strong whale interest, this does not necessarily indicate a longer-term negative outlook for UNI, despite recent outflows.</p></blockquote><h2 id="tokenization-broadens-market-participation">Tokenization broadens market participation</h2><p style="text-align: justify">This trend aligns with a broader movement in financial markets, as traditional brokerages face competition from new Web3 solutions. With asset tokenization gaining traction, investors increasingly use platforms such as <a href="https://1stepswap.com" rel="noopener noreferrer nofollow">1stepSwap</a> to directly hold shares of major US firms, gold, and silver through their crypto wallets. By converting real-world assets into tokens and automatically seeking the best available market prices, these platforms eliminate the need for intermediaries, marking a significant shift for both institutional and retail traders.</p><p style="text-align: justify">Ultimately, buying activity from prominent players like Monetalis may foster greater confidence in burgeoning DeFi ecosystems, amplifying liquidity and investor interest in protocols such as Hyperliquid.</p><p style="text-align: justify">If HYPE closes above $60, the bullish trend could extend toward the $62–$65 area. Ongoing accumulation by funds may help bolster investor sentiment in the near term.</p><p>The post <a href="https://en.coin-turk.com/monetalis-shifts-13-million-from-uni-to-hype-as-buyers-defend-52-support/" rel="noopener noreferrer nofollow">Monetalis shifts $13 million from UNI to HYPE as buyers defend $52 support</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Monetalis shifts $13 million from UNI to HYPE as buyers defend $52 support

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