Honestly, the $60 level on HYPE feels like a tug-of-war between big players. That one whale with the $83M long at $38.68 is sitting on huge paper gains, but Loracle getting squeezed $27M short shows how brutal the market can be. The TWAP flipping to $1.7M net selling pressure is a red flag — it suggests smart money might be distributing into this rally. The $49.06 liquidation level is definitely something to watch; if it breaks, we could see a cascade. Is it pure manipulation? Probably not entirely — HYPE’s ecosystem has real momentum — but whales are definitely pulling strings here. DYOR and don't chase, this isn't financial advice.