A well-followed pseudonymous analyst on X (known as Pentoshi) said Friday he started a small position in HYPE, Hyperliquid’s native token, and will add only if prices drift lower.
In his Oct. 17 post, he wrote that he “nibbled” on spot HYPE below $34, filling about 20% of the position he ultimately wants. Spot means he bought the token itself without leverage, which removes the risk of forced liquidations. He said he’d “load up” nearer $28 and “go hard” sub-$30, a scale in approach that spaces buys across levels instead of committing all capital at once.
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