[HYPE Buy Orders Worth Tens of Millions Cluster Around $77, About 70% Added Today] BlockBeats News, October 16, according to TradingBeats monitoring, HYPE is trading at approximately $80.91. In the price range of $77–$78.12, there are currently 10 buy orders totaling approximately 190,600 HYPE, valued at around $14.8 million, which is about 3.5%–4.8% below the current price. Of this, approximately $10.8 million was added today, accounting for about 73%. The buy orders are mainly concentrated in three levels: - **$77.44–$77.51**: Approximately $8 million. Two orders of about $4 million each, with the related accounts currently holding no HYPE, indicating plans to open long positions after a pullback. One of the $4 million orders at $77.51 was added today (0x2c6f…). - **$78.12**: Approximately $4.689 million. Two addresses with no current HYPE holdings placed buy orders of about $3 million and $1.689 million, both added early this morning (0xafe4…, 0x6cb9…). - **$77.149**: Approximately $386,000. This corresponds to an existing long position's plan to increase holdings (0x90db…). - **$77.08–$77.717**: Approximately $1.726 million. Two existing short positions arranged to cover, and based on their current holdings, the transactions are primarily intended to reduce short exposure (0x6749…, 0xb0f0…). Based on current holdings, approximately 88% of the buy orders correspond to new long positions or additions to long positions, while about 12% are for short covering.