A wallet linked to Grayscale has accumulated over $10 million in Hyperliquid's native token, HYPE, through major trading firms and OTC desks, driving a significant price rally. This institutional accumulation suggests strategic positioning rather than speculative buying, highlighting growing confidence in Hyperliquid as a decentralized perpetual trading platform. The price surged past $50, supported by strong momentum and technical indicators, though short-term volatility risks remain. If HYPE maintains support above $50-$52, it could continue toward new highs, reflecting its rising status as a momentum asset attracting institutional capital.
Trading volume for HYPE ETFs from Bitwise and 21Shares surged 50%, bringing in $25.5 million in net inflows during one session, driven by strong institutional interest. The HYPE token soared 120% since January 1st, supported by a short squeeze after ...
Bitcoin trades around $77,801 with a modest 0.78% gain, while Ethereum remains near $2,134, reflecting a cautious crypto market influenced by macroeconomic factors like the dollar index, Treasury yields, and Federal Reserve policy expectations. The t...
Hyperliquid, a Layer 2 derivatives exchange, is approaching its all-time high as its native token HYPE has surged 90-100% in the past month. The platform's derivatives open interest reached $9.4 billion, a 53% increase from earlier highs, with cumula...
Hyperliquid's HYPE Spot ETFs have experienced strong buying demand since their debut, with ETF inflows surpassing the platform's own Assistance Fund buy-and-burn activity by about 2.5 times in the first six trading sessions. This demand has outpaced ...
Hyperliquid, a derivatives-focused decentralized exchange launched less than a year ago, now has a fully diluted valuation (FDV) of about $49.7 billion, surpassing Solana's FDV. Despite its market cap of $12.3 billion, most of Hyperliquid's token sup...
