Two crypto whales have placed $20 million worth of HYPE buy orders, with both looking to double their long positions.

According to TradingBeats' monitoring, HYPE is trading at around $93.58, up roughly 18.3% in 24 hours. Following the rally, trader Boomer and another large bull still hold a total of approximately $19.967 million in ladder buy orders, planning to add positions in batches after a pullback. Boomer’s addition interval is between $80 and $88, with the highest buy price about 6% lower than the current level. The 40 new buy orders he placed at 10:00 today are intended to purchase around 110,900 HYPE, with an order value of roughly $9.247 million. Currently, Boomer holds about 116,600 HYPE long positions, valued at approximately $10.913 million, with an average entry price of $89.75, generating an unrealized profit of around $446,000. If all orders are filled, his position size will nearly double. Another large whale with an address starting with 0x469e has set 84 additional buy orders in the $80–$88.469 range, planning to buy around 127,300 HYPE for approximately $10.721 million, with the highest buy price about 5.5% lower than the current price. The account currently holds around $3.046 million in HYPE long positions, with an average entry price of $91.03, and the pending addition amount is about 3.5 times the value of its existing position.