HYPE climbed above $65 and reached a new all-time high, with Odaily citing OKX market data showing the token briefly trading above 65 USDT before easing to 64.946 USDT, still up 13.11% over 24 hours. HyperInsight reported on May 29 that whale address 0x082 held more than $36.7 million in unrealized profit on a HYPE long position, while Loracle’s short position showed more than $34.5 million in unrealized losses. Together, the updates indicate strong upward momentum in HYPE and the significant impact of the move on large leveraged traders.