Arthur Hayes, BitMEX founder, acknowledged that Hyperliquid has successfully proven demand for on-chain perpetual futures markets with a working product and active trading volume. However, he warned that HYPE has become a crowded consensus trade, reducing its risk-reward appeal. Hayes sees the main risk not as a price collapse but as HYPE potentially underperforming other crypto assets like ETH and ZEC, which have stronger institutional support and growth narratives. He also noted that rising competition among perpetual DEXs makes it harder for HYPE to stand out, and he recently sold all his HYPE and NEAR holdings despite previously setting a $150 price target for HYPE.
HYPE is trading at Rp1.365.602 with a 1-day decline of 2.87%, while ETH is priced at Rp42.750.484, down 1.26% as of Oct 24, 2026 19:31 WIB. ZEC shows a larger drop of 5.91% at Rp20.890.891, reflecting varied performance among these assets on Pluang.
Trader Boomer had about $30.55 million in short positions on the Hyperliquid platform as of October 23. Among these, a position in HYPE valued at approximately $2.53 million was down by around $39,700. This HYPE position accounted for less than one-t...
Arthur Hayes, founder of BitMEX, expressed skepticism about the investment potential of Hyperliquid's HYPE token due to increasing competition among decentralized perpetual futures platforms. While he acknowledges strong demand for Hyperliquid's trad...
On October 23, Binance Coin (BNB) increased by 1.78% to $746.17, showing positive momentum in the digital asset market. Meanwhile, Ether (ETH) remained stable at $2,402.89 with no change over 24 hours, indicating a period of price consolidation. Hype...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) experienced a net outflow of $43.60 million, with $1.87 billion inflows and $1.92 billion outflows. Ethereum (ETH) led net inflows, attracting $77.08 million with $1.02 billion inflows agains...
On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...
