Hyperliquid's HYPE token fell from record highs after BitMEX co-founder Arthur Hayes sold his entire position, citing concerns over rising oil prices, AI IPOs, and broader market risks. Despite the drop, HYPE remains up 167% year-to-date and is still one of the best-performing crypto assets this year. Hayes' exit sparked backlash as he had recently predicted much higher prices, including a $150 target. Analysts warn the recent rally may be overheated, but the long-term outlook remains positive if trading activity and new products grow.
Arthur Hayes, co-founder of BitMEX, has sold his entire holdings in Hyperliquid (HYPE) and Near (NEAR) due to concerns over rising energy costs, geopolitical risks, and anticipated competition from large AI IPOs. He expects the market to peak between...
Arthur Hayes sold his entire holdings in HYPE and NEAR tokens during a broader crypto market sell-off, transferring 247,334 HYPE tokens worth about $18 million to exchanges like OKX and Bybit. Despite HYPE and NEAR showing weekly gains, Hayes realloc...
Hyperliquid's price fell over 10% from its record high after BitMEX co-founder Arthur Hayes liquidated his entire HYPE holdings, worth about $18 million. This triggered profit-taking and a broader crypto market downturn amid rising oil prices and geo...
Hyperliquid's HYPE token briefly traded above Solana's SOL, hitting an all-time high near $75.40 while SOL dropped to its lowest since 2023. Despite Solana's larger market cap, Hyperliquid's growth in derivatives trading and institutional interest is...
The HYPE token from Hyperliquid surged to a new high of $74.67, overtaking Solana's SOL token in price for the first time. This rise is supported by the launch of Grayscale's HYPG ETF alongside two other U.S.-listed HYPE ETFs, collectively drawing ov...
