Hyperliquid's token price dropped sharply from a record $75.48 to near $62 following Arthur Hayes' $18 million selloff, sparking widespread liquidations and a 17% value loss. This selloff caused the first bearish MACD crossover since May, putting key support levels at $55 and $50 in focus. Despite the decline, Andreessen Horowitz-linked wallets bought over $15 million in HYPE, increasing their holdings to about 6.9 million tokens. The token faces risks from broader market volatility and geopolitical tensions, but fundamentals remain strong with high revenue and programmatic buybacks supporting the price.
NEAR Protocol's price dropped nearly 17% following Arthur Hayes' announcement that he liquidated his entire NEAR and Hyperliquid (HYPE) holdings. Hayes cited rising energy costs linked to the Iran conflict, upcoming AI company IPOs before Q3, and pot...
Bitcoin fell 14.5% over the week to $62,715, driven by Broadcom's disappointing AI semiconductor forecast which triggered a broader market selloff, including a 1.2% drop in Nasdaq futures and declines in Asian markets. Ethereum and Solana also droppe...
In Q1 2026, Hyperliquid's perpetual DEX trading volume surged to $1.89 trillion, nearly doubling from the previous year and surpassing Solana significantly in 30-day volume. Hyperliquid's token (HYPE) also saw a nearly 200% price increase, briefly tr...
Arthur Hayes, co-founder of BitMEX, views the upcoming SpaceX IPO and other AI-related IPOs as bearish for the crypto market, prompting him to sell his entire holdings in altcoins like Hyperliquid (HYPE) and Near Protocol (NEAR) to take profits. Desp...
Despite a 3.85% drop in the crypto market on June 4, Hyperliquid (HYPE) whales withdrew over $55 million worth of tokens from exchanges, signaling strong accumulation. The top 100 HYPE holders increased their stakes by 1.36%, and smart money holdings...
