The newly launched U.S Spot Hyperliquid (HYPE) ETF has recorded the strongest debut among spot crypto ETFs, attracting $95 million in net inflows within ten days, representing 1.04% of its market cap. This demand nearly doubles that of the spot BTC ETF, pushing HYPE's price to a new all-time high of $64.9. Institutional interest and a recent Circle deal are expected to further support HYPE, with options traders betting on a potential rise to $80 if the price consolidates above the $60-$65.5 range. Short-term price action may see consolidation before another bullish breakout.
A CoinShares report reveals family offices are bullish on Solana, attracted by its strong position in the rapidly growing prediction markets sector, which saw monthly volume rise nearly tenfold from $4.5B to $43.7B in nine months. Solana's protocols ...
Multicoin Capital and Bitwise have recently deposited large amounts of Hyperliquid (HYPE) tokens into CoinbasePrime, suggesting potential selling activity by institutions. Multicoin Capital deposited over 333,000 HYPE worth $26.73 million, while Bitw...
Abraxas Capital, a major crypto investment firm, has taken over $980 million in short positions on Hyperliquid, indicating expectations of a price decline for the decentralized futures exchange. This strategy involves complex hedging, including spot ...
Hyperliquid has grown rapidly to become the third-largest crypto exchange by open interest, surpassing $11 billion. This marks it as a significant competitor to Binance in the perpetual futures market and a key player in the on-chain derivatives spac...
