Garrett Jin Adds $9M HYPE as TWAP Order Fuels Hyperliquid Rally
- Large Accumulation: Garrett Jin purchased 145,050 HYPE over four days, spending approximately $9.05 million at an average price near $62.39, significantly boosting Hyperliquid's market activity and indicating strong bullish sentiment towards the token.
- Ongoing Buying Strategy: Jin placed a TWAP order to continue acquiring 39,940 HYPE, worth about $2.44 million, which helps mitigate the market impact of large buys while maintaining steady demand through time-split execution.
- Diversified Risk Exposure: In addition to HYPE, Jin holds a long position of 504.4 BTC and a short position of 57,460 ZEC, collectively valued at around $77.6 million, despite a current tracked loss of approximately $2.11 million, positioning him across multiple active market narratives.
- Strong Market Signal: HYPE's trading volume exceeds $1 billion, remaining in the low $60 range, showcasing robust relative strength, while Jin's accumulation further solidifies market confidence in HYPE, with the potential for price strength if the TWAP order continues to fill.
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Technical Analysis for ORDER
Technical Sentiment Analysis for Orderly Network (ORDER). As of , Orderly Network (ORDER) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ORDER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ORDER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Orderly Network (ORDER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0406 | 0.0453 | 0.0489 | 0.0536 | 0.0572 | 0.0619 | 0.0655 |
| Fibonacci | 0.0453 | 0.0485 | 0.0504 | 0.0536 | 0.0568 | 0.0587 | 0.0619 |
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