Whale Moves $19.3M in HYPE and BTC in 24 Hours
- Whale Transaction Overview: A large cryptocurrency holder executed significant sell orders totaling approximately $19.34 million in HYPE and BTC over the past 24 hours, selling 151,570 HYPE tokens at an average price of $61.63 for about $9.34 million, and 130 BTC at an average price of $77,047 for roughly $10 million, indicating a deliberate trading strategy rather than panic selling.
- Not Fully Exited: The whale address retains an open sell order for 170,000 HYPE tokens valued at approximately $10.66 million, with a price range between $63.45 and $70.55, suggesting an intention to maximize returns on remaining holdings, while also staking 30,000 HYPE tokens, indicating a long-term interest in the protocol.
- Market Sentiment Impact: Large sell orders from whales can create short-term selling pressure, particularly for smaller market cap tokens like HYPE, but the staggered sell order and ongoing staking activity suggest this is a profit-taking move rather than a complete loss of confidence in Hyperliquid.
- Monitoring Whale Activity: Whale activity is closely monitored by traders and analysts as it can signal shifts in market dynamics, and this transaction highlights the importance of on-chain analysis in understanding market movements, prompting market participants to keep an eye on the address for further activity.
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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 | 0.0408 | 0.0454 | 0.0491 | 0.0537 | 0.0573 | 0.0619 | 0.0656 |
| Fibonacci | 0.0454 | 0.0486 | 0.0505 | 0.0537 | 0.0568 | 0.0588 | 0.0619 |
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