Hyperliquid's price jumped to a new high of $62, driven by strong whale activity trading $36 million in HYPE tokens. While some whales sold to take profits or cover shorts, others, including an a16z-linked whale, continued accumulating, signaling confidence in further gains. Exchange outflows exceeded inflows, reducing supply and boosting scarcity, which supports upward momentum. Technical indicators suggest the rally may continue, with potential to reclaim $60 and set new highs, though profit-taking could cause a pullback to $47.
Bitwise's Hyperliquid ETF (BHYP) reached $30.5 million in assets under management just five days after its launch, with $26.9 million in inflows and $9.2 million average daily trading volume. It is the only spot Hyperliquid ETF that stakes assets in-...
Bitcoin's price remains stuck in a tight range between $76,100 and $78,000, showing little volatility or clear direction. This stagnation has shifted trader interest toward more speculative altcoins, especially those connected to artificial intellige...
Bitcoin and Ethereum prices remained stable over the weekend, with Bitcoin trading between $76,100 and $78,000 and Ethereum struggling to break out, indicating low volatility in major cryptocurrencies. Meanwhile, AI-focused tokens like Near Protocol ...
Hyperliquid's spot ETFs have rapidly accumulated $81 million in assets within just nine days, driven by strong inflows into US-listed products from Bitwise and 21Shares. This rapid growth highlights significant institutional demand for HYPE tokens, s...
A large trader named Loracle sold 616,675 Hyperliquid (HYPE) tokens worth $36.76 million to add margin and defend a $103.7 million short position on the token. This move aims to delay liquidation risk as HYPE trades near its all-time high of around $...
