HYPE's future 24-hour TWAP net buy order reaches $11.5 million, with the largest order coming from a short-squeeze whale buying into spot lockups

June 12, per Hyperinsight’s monitoring: HYPE’s intraday rally has driven $11.5 million in 24-hour Time-Weighted Average Price (TWAP) spot net buying volume on Hyperliquid. This uptick comes down to two key factors: alleged a16z-linked wallets have been steadily accumulating HYPE via 10 separate addresses, and a separate whale is planning to acquire 83,000 HYPE tokens — marking the single largest TWAP buy order recorded in this period. Notably, this whale had previously held an approximate $2.4 million short position on Hyperliquid. The recent HYPE rebound pushed its unrealized loss to $660,000 (a 152% drawdown), which has surpassed its initial margin. To mitigate this risk, the address intends to purchase spot HYPE while adding to its existing short position to lower its average entry cost; its total short position is expected to rise to $7.33 million. Wallet Address: 0xc6877a65349b0fa45cc61a267ee682c7abf2b369 The HyperInsight Bot is now live! Add @HyperInsightBot to your Telegram (TG) group, grant it administrator privileges (you’ll need to enable message-sending permissions) to automatically sync on-chain data.