Hyperliquid (HYPE) token ended a 62-day bullish trend after breaking its ascending channel, signaling a potential shift in market momentum. Attempts to recover have failed to regain previous highs around the mid-$40s, indicating weakening buying pressure. Social engagement has sharply declined from 0.688% to 0.137%, reflecting reduced retail interest following eased geopolitical tensions. Despite this, derivatives activity remains strong with open interest rising 3% to $1.66 billion, showing sustained trader involvement. Technically, HYPE trades near $42, above key moving averages, but faces resistance at $43.71 and $46.80, with critical support levels at $38.98 and $34.90 if downward pressure increases.
Crypto markets gained momentum following the release of CPI data showing a 2.7% year-over-year increase, which aligned with forecasts and raised expectations of a Federal Reserve rate cut. Concurrently, the SEC held discussions with Hyperliquid, a de...
Bitcoin ETFs have experienced significant outflows totaling over $8.2 billion, while Hyperliquid, a decentralized derivatives exchange launched in 2024, has attracted $172 million in inflows into its HYPE spot ETFs since mid-May 2026. The HYPE token ...
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Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
Four large investors, known as whales, have collectively bought $89,500 worth of Hyperliquid's native token $HYPE within six hours, indicating strong interest and possible coordinated optimism. This activity occurs as $HYPE trades between $63 and $68...
