$HYPE - Hyperliquid: currently shows classic distribution behavior:

- 🐳Whale-sized spot orders keep appearing while price trends down.

- This looks more like smart money exit, not accumulation.

Picture 1: Spot Average Order Size

Picture 2: Spot Volume Bubble Map

$HYPE #Onchain

HYPE
HYPEUSDT
26.66
+0.35%

Data: Cryptoquant