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 geopolitical tensions. Despite the pullback, institutional interest remains strong with Grayscale launching a Hyperliquid Staking ETF. Key technical support levels around $60-$64 are now critical; a break below could lead to further declines, while recovery above previous highs may reignite bullish momentum.
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...
Arthur Hayes, co-founder of BitMEX, sold all his Hyperliquid (HYPE) tokens worth about $18 million, along with an unspecified amount of NEAR tokens. He cited geopolitical tensions from the U.S.-Iran war and upcoming AI IPOs as reasons for the selloff...
U.S. spot bitcoin ETFs have experienced 13 consecutive days of outflows, shedding $4.37 billion since mid-May, with total assets dropping from $104.29 billion to $82.83 billion. Ether, Solana, and XRP ETFs have also joined the outflow trend, reversin...
Hyperliquid's HYPE token recently climbed above Solana's price, reaching a record high near $75.4 while Solana fell to its lowest since late 2023. Despite a broader market downturn affecting major cryptocurrencies like Bitcoin and Ethereum, HYPE gain...
