A major Hyperliquid whale named Cooker.hl sold 45,786 HYPE tokens for $1.8 million in USDC at an average price below $40, signaling market fear amid a downtrend. Despite this large sale and bearish momentum indicated by technical indicators like the Aroon and Stochastic Momentum Index, HYPE briefly rebounded above $40. However, the overall market remains weak due to reduced perpetual market activity and higher futures selling volume, suggesting the rebound may be short-lived unless HYPE closes above $40 daily to confirm a trend reversal.
Hyperliquid, known for its decentralized perpetual futures platform with over $5.5 billion in total value locked, has introduced canonical prediction markets for real-world offchain events. These markets are resolved by automated software run by its ...
Privacy-focused cryptocurrencies Zcash and Monero dropped 5.2% and 4% respectively amid renewed Middle East tensions following US strikes on Iran. The pullback is seen as profit-taking after recent gains driven by institutional interest in privacy to...
Garrett Jin has increased his holdings of Hyperliquid's native token HYPE to 184,200 tokens, even as his combined unrealized losses on a long Bitcoin position and a short Zcash position exceed $1.7 million. This move indicates strong conviction in HY...
Shiba Inu (SHIB) is struggling below key support levels, risking a deeper decline unless it recovers above $0.00000600. XRP faces bearish pressure near $1.30 support, with a possible breakdown if it fails to hold this level. Hyperliquid (HYPE) has su...
Bitcoin ETFs experienced significant outflows totaling $1.26 billion last week, led by Blackrock's IBIT with a $1 billion withdrawal, reflecting broad institutional de-risking. Ether ETFs also saw $216 million in outflows, continuing a downward trend...
