**Whale Activity Summary: Last Week (May 20-27, 2026)**


# Hyperliquid (HYPE) Dominates with Strongest Hype and Accumulation

Hyperliquid (HYPE) emerged as the top performer and the most active token among whales during the past week. The token reached a new all-time high (ATH) above $64, recording impressive gains of around +40% in just one week.

Whale activity was intense and mixed. While many large holders continued aggressive accumulation, others took partial profits after the sharp rally.

Key whale moves include:
- **Garrett Jin** accumulated approximately **145,000 HYPE** (worth around $9 million) over 4 days and placed additional buy orders.
- The **a16z whale** purchased **261,250 HYPE** (~$15.2 million), increasing their total holdings to 1.3 million HYPE (valued at roughly $148 million).
- Institutional players such as **Bitwise** executed large purchases through ETFs, contributing tens of millions of dollars.
- On the other side, some whales engaged in profit-taking, with one notable sale of 231,000 HYPE worth approximately $14 million.

The strong hype around HYPE is driven by robust institutional buying, high trading volume on the Hyperliquid platform, and growing confidence in its DeFi and derivatives ecosystem.

### Notable Activity in Other Major Coins

- **Ethereum (ETH)**: Whales maintained strong accumulation, adding more than 140,000 ETH in recent periods. This buying was supported by increased staking activity and positive ETF inflows.

- **Dogecoin (DOGE)**: Large whale transactions surged, with major wallet groups reaching the highest DOGE holdings on record.

- **Chainlink (LINK)**: The number of whale wallets holding 100,000+ LINK hit an all-time high, reflecting continued accumulation.

#Overall Market Trend

Whales showed a clear preference for buying HYPE and ETH, often capitalizing on price dips. Significant inflows of USDT and USDC into exchanges indicated preparation for further accumulation.

This on-chain data highlights a bullish sentiment among large holders despite market volatility.
HYPE-5.39%
ETH-1.02%
DOGE-0.07%
LINK-1.28%
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