news 
Title: Hyperliquid: Retail traders tip the scale as whales clash over HYPE’s next move
Abstract:
Retail traders have taken control of the market by opening long positions, weighing in on the whale standoff between two opposing views on HYPE token. The situation has led to a slight pause in the token’s rapid growth, but it remains uncertain whether the retail market will be able to sway the whales and decide the direction for HYPE.
Introduction:
The past 24 hours have seen HYPE’s price move up by 0.25%, with its monthly high reaching 13.31%. While this may seem like a momentary slowdown, analysts suggest that retail derivative traders might have been responsible for this minor correction, which could be an attempt to correct the massive growth experienced in recent days.
Analysis:
Two whales were found battling it out over HYPE’s potential direction by examining data from Coinglass. The first whale expects price increases and has opened a $15.54 million position at $11.93, now holds a 34.59% profit with an exit point of $3.25.
Source: https://ambcrypto.com/hyperliquid-retail-traders-tip-the-scale-as-whales-clash-over-hypes-next-move/
