Hyperliquid whale trades intensify as HYPE tags $62 ATH and holds near $57

HYPE rebounded from a $38 dip and later printed a new all-time high at $62, before trading around $57 at the time of writing, up 23% on the weekly chart. Whale activity rose on both sides, including a $36.76 million HYPE deposit tied to Loracle.hl and fresh accumulation of 261,250 HYPE worth $15.2 million by an a16z-linked wallet. Spot flows also leaned bullish over the past week, while technical indicators cited in the report pointed to continued momentum, with $60 as a key level and $47 flagged as a downside target if selling pressure builds.