Price of hyperliquidity surges by $25 as whales move to acquire more buzz.

The price of the Hyperliquid token, HYPE, surged past $25, as bullish sentiments ripple through the market. Meanwhile, significant deposits from major investors have fueled this upward momentum, marking a vibrant activity within the cryptocurrency space.

Price Surge Amid Market Excitement

• The hyperliquid price has climbed above $25 as buyers flock to the HYPE token.
• Lookonchain highlighted two whales that increased their positions in Hyperliquid.
• Notably, these large investors deposited $5 million in USDC into Hyperliquid for additional HYPE token acquisitions.

The rise of Bitcoin towards the $90,000 mark on Monday has garnered substantial attention in the market; however, Hyperliquid also shone among assets showing considerable gains. The decentralized trading platform’s native token, HYPE, saw a nearly 5% increase, surpassing the $25 mark once again.

This gain followed a major whale transaction earlier in the session, along with on-chain data indicating a continued accumulation by significant holders. Sentiment improved further after Hyperliquid shared an update regarding HYPE trading activity and platform transparency.

HYPE was among a group of tokens delivering strong performance over a 24-hour span, alongside Midnight, Sky, Kaspa, and Sei, as broader interest extended beyond Bitcoin’s movement.

Whales Accumulate More HYPE Amid Price Gains

Recent on-chain data showcased by Lookonchain points to strategic accumulation by two prominent whale wallets. On December 22, 2025, it was noted that investors transferred $5 million in USDC into Hyperliquid to further acquire HYPE tokens.

One of the wallets held 214,497 HYPE, valued at over $5.44 million at that time, and still maintained $5.52 million, likely earmarked for future purchases. The other whale possessed 102,460 HYPE worth $2.61 million, alongside $2.45 million reserved for subsequent buys, with both whales holding their assets in USDC.

Over the past hour, two more whales deposited $5M USDC into #Hyperliquid to buy $HYPE.

0xDAeF currently holds 214,497 $HYPE($5.44M) and still has 5.52M $USDC ready to buy more.

0x3300 currently holds 102,460 $HYPE($2.61M) and still has 2.45M $USDC allocated for further… pic.twitter.com/qwWh2GB1vN

— Lookonchain (@lookonchain) December 22, 2025

As noted earlier, the price of HYPE, which had fallen more than 14% over the past seven days to $22, swiftly reclaimed the $25 threshold. The rebound may pick up pace during an altcoin rally, enabling a fresh test of the resistance zone at $30. The presence of whales could present a formidable bidding wall, with increased buying pressure leading to a 15% rise in daily trading volume.

Hyperliquid Labs Responds to Insider Trading Allegations

Recently, the price of HYPE experienced a significant drop amid allegations of insider trading. Hyperliquid addressed these concerns in an official statement today.

The team categorically denied any misconduct by its members, clarifying that a wallet accused of shorting HYPE belonged to a former employee who was laid off in Q1 2024. Hyperliquid Labs emphasized its strict ethical standards, which include a comprehensive trading policy prohibiting team members from trading derivatives involving HYPE and maintaining a zero-tolerance approach toward insider trading.

Hyperliquid co-founder Illiensic shared a similar update on Discord, reinforcing that while they rejected the allegations of insider trading, they viewed them as solely the actions of an unaffiliated former employee. Moreover, he highlighted two key points: employees and the team cannot trade in derivatives on the HYPE token nor utilize insider information for trading purposes, which cannot be disclosed to third parties.