TechFlow News, May 30: According to HTX market data, HYPE has broken through the $68 mark, setting a new all-time high at $68.5, representing a 24-hour gain of over 10% and a cumulative rise of more than 50% over the past two weeks.
As its price continues climbing, HYPE’s current market capitalization has risen to approximately $15.2 billion, ranking it 11th on the cryptocurrency market cap leaderboard, with a fully diluted valuation (FDV) reaching roughly $65.4 billion.
Meanwhile, the bull-bear battle surrounding HYPE is intensifying. On-chain data shows that prominent trader Loracle holds a short position in HYPE valued at approximately $114 million, currently facing unrealized losses of about $36.6 million; conversely, the whale “0x082,” Loracle’s counterparty, holds a long position in HYPE worth roughly $94 million, with unrealized gains already totaling $40.69 million.
Fueled by ETF anticipation, ecosystem growth, and sustained capital inflows, HYPE has recently emerged as one of the strongest-performing major cryptocurrencies, drawing continuous market attention to related whale position changes.
