Hyperliquid's native token, HYPE, fell 6.5% over the past week, causing it to drop out of the top 10 cryptocurrencies by market capitalization. This decline follows a broader market pullback after HYPE had mostly resisted downward trends earlier in 2026. Despite the recent drop, Hyperliquid's ecosystem accrued about $945 million in value over the year ending June 30, and the company generated $58.27 million in revenue in the last 30 days. Additionally, Hyperliquid continues to reduce token supply by burning tokens, with 10,400 HYPE burned in the latest 24 hours and a total of 48.96 million tokens burned to date.
HYPE trades at Rp1.584.726 on Pluang as of Sep 29, 2026 19:51 WIB, showing a 1-day decline of 2.13%. The token's market cap stands at Rp398.55 trillion, with a 24-hour trading volume of Rp12.91 trillion. Pluang users are evenly split between buying and selling, and typical hold time is 37 days, reflecting active engagement despite recent price drops.
Crypto trader Boomer closed over $31.1 million in long positions across 10 altcoins, realizing a $1.248 million loss, then shifted to short positions in Zcash (ZEC) and NEAR valued at about $9.7 million. The move shows a bearish outlook on ZEC and NE...
On September 29, Hyperliquid trader Boomer closed over $31.1 million in long positions across several altcoins including Zcash (ZEC), NEAR, and Uniswap (UNI), realizing about $1.25 million in losses. The trader shifted to short-term bearish positions...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
Wintermute currently holds about $126 million in short positions on the Hyperliquid platform, including $46.92 million in Ether (ETH), $11.3 million in Solana (SOL), and $10.03 million in HYPE tokens. As of September 28, the wallet shows nearly $963,...
