Hyperliquid HYPE nears $50 resistance as whales diverge and TVL rises to $5.16B

Hyperliquid (HYPE) traded at $48.53 after a 0.95% 24-hour gain, while trading volume slid 21.21% to $566 million as price hovered near the $50 reversal area. Whale activity split between accumulation and bearish hedges, and May 2026 DeFi metrics showed TVL rising from $4.279 billion to $5.16 billion alongside DEX volume growth.