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Woofun AI data shows that a wallet holding $40.2 million in assets has placed 60 limit buy orders for HYPE, targeting a price range of $20 to $40. The aggregate notional value of these orders is approximately $20 million, with a weighted average entry price of $30, which remains 32.5% below the current market rate of $59.2.
The account currently maintains a short position of 4,218 HYPE tokens valued at roughly $250,000. Execution of the pending buy orders would result in the closure of this short exposure and the establishment of a net long position of approximately 662,400 HYPE tokens.