HYPE Price Target Hits $100 Following Major Whale Buying

HYPE is currently testing local support levels after a brief dip. The token faced selling pressure near $89 in early September, which pushed the price down toward the $78 mark. Despite this recent slide, investor interest remains high as market participants look for signs of a recovery.

Data shows that a single whale wallet has been aggressively buying HYPE for the last 15 days. This investor added over 358,000 tokens to their holdings, representing a total value of approximately $28.8 million. This consistent daily accumulation suggests that major holders are betting on a return to higher price levels.

Traders are now watching to see if this sustained buying pressure can push HYPE back toward the $100 milestone. If the current support holds, the token may gain enough momentum to break past previous resistance points. Keep an eye on daily volume to see if this whale activity encourages more retail buyers to enter the market.