On Hyperliquid, the HYPE Spot TWAP Order Shifts to Selling Pressure as a Whale Plans to Sell 48,000 HYPE Tokens

May 26 — Per Hyperinsight’s on-chain monitoring, the TWAP (Time-Weighted Average Price) order flow for HYPE’s spot market on Hyperliquid flipped today, swinging from heavy buy-dominated activity to net sell-driven flow. A portion of these orders has already been executed. Hyperinsight estimates HYPE’s TWAP net selling pressure will reach $900,000 over the next 24 hours — a sharp reversal from last Thursday and Friday, when the same metric showed roughly $7 million in net buy orders. Looking at outstanding open orders, the largest single sell wallet address (0x519c721de735f7c9e6146d167852e60d60496a47) plans to offload approximately 48,000 HYPE tokens, with more than half of that amount already filled. The address still holds 77,200 HYPE tokens, currently valued at around $4.6 million. Update: The HyperInsight Bot is now live. Add @HyperInsightBot to your community, promote it to administrator, and enable its message-sending permissions to automatically sync real-time on-chain information to your group.