Hyperliquid (HYPE) surged to a new all-time high of $70.36 in May, driven by steady demand and strong accumulation from large investors, or whales. Despite a brief profit-taking pullback to around $68-$69, buyers quickly absorbed the selling pressure, indicating continued demand dominance. Whale activity, including a recent $3.12 million USDC purchase, supports the rally and suggests confidence in further price gains. Arthur Hayes' $150 price target has boosted bullish sentiment, attracting more traders and increasing market participation, though rising expectations may heighten volatility risks going forward.
HYPE, the native token of the Hyperliquid decentralized exchange, has overtaken Dogecoin in market capitalization, entering the top 10 cryptocurrencies globally. This shift reflects HYPE's price growth and institutional interest, including the launch...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
The Hyperliquid HYPE token surged past $67, reaching a market capitalization over $14 billion, driven by increased trading activity and ongoing token buybacks. The platform's daily trading volume recently exceeded that of BNB, highlighting growing us...
Hyperliquid's HYPE token surged to a new all-time high near $70 on May 31, gaining over 67% in May. The rally is supported by $100 million in ETF inflows and a unique buyback model funded by trading fees, which links token demand to platform activity...
XRP has established a strong support level at $1.34, sustained by four weeks of continuous ETF inflows, suggesting potential upside targets at $1.37 and $1.40. Meanwhile, Bitcoin broke below a critical support zone, signaling a bearish trend with sig...
