0
0
A whale wallet bought over 10k HYPE tokens and made a profit through three ETH trades on the sidelines. He has also ordered a long position in Ether. These actions have triggered anticipation for a bull run of HYPE and ETH, considering their prices are seeing upticks on charts.
A whale wallet executed transactions related to HYPE and ETH. In a transaction pertaining to HYPE, the whale wallet deposited USDC worth $12.5 million into Hyperliquid. Thereby buying 10,152.8 HYPE tokens and sending them for staking. Their collective worth was around $270k at the time of transaction.
A whale deposited $12.5M $USDC into #HyperLiquid, bought 10,152.8 $HYPE ($270K), and sent it for staking.
ā Onchain Lens (@OnchainLens) January 6, 2026
The whale also executed 3 $ETH trades, making a quick profit of $36,092, and later placed an open order for a 3,500 $ETH ($11M) long position between $3,190 and $3,215.ā¦ pic.twitter.com/4qODqyLXq3
In a different transaction, the whale wallet undertook three ETH trades and made a profit of $36,092. He then placed an open order for a long position in Ether through 3,500 tokens. The position is reported to be between $3,190 and $3,215. The development in Ethereum tokens comes after new addresses surged 110% after the Fusaka upgrade.
The whale wallet engaged in ETH and HYPE transactions possibly on the potential of their upcoming upticks. Both tokens are starting to record upswing and they are forecasted to continue doing that for a while. However, the crypto market is volatile, and risk assessment is important before investments.
Ether is currently trading at $3,223.72, up by 1.94% over the last 24 hours, with a jump of 46.82% in its 24-hour trading volume. The price is also up by 9.39% in the last 7 days.
HYPE saw fewer gains in comparison, but sufficient to gain attention. The token soared by 0.34% over the last 24 hours and 2.04% in a week to trade at $26.60. Its 24-hour trading volume is up by 26.80% at the time of writing this article.
Suffice it to say, both tokens are seeing an increase in their respective prices. This brings a potential for the bullish future if they sustain their current gains.
ETH, for starters, is estimated to jump by 11.95% in a single month. This would take the token value to around $3,617.39, amid a medium volatility of 3.66%. The next 3 months from this point could see Ether reach $5,809.39, for a gain of 79.79% from the current value.
HYPE could undergo correction. The first mark is expected to be around $19.86 over a month, followed by $20.32 in the next 3 months from this point. These numbers translate to a drop of 24.75% and 23.04%, respectively, amid high volatility of 7.30%.
Highlighted Crypto News Today:
Grayscale Becomes First U.S. Issuer to Pay ETH Staking Rewards
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youāre using to start.
0
0
0
0
