After a bullish week adding over $480 billion to crypto market cap, Bitcoin led inflows but dipped slightly at August's end. Hyperliquid (HYPE) reached a new all-time high and entered price discovery, showing strong momentum with a 3% pullback that cleared weak positions while open interest rose by $1 billion. Its weekly fees hit $24.63 million and trading volume reached $70 billion, indicating solid trading activity beyond speculation. HYPE outperformed Bitcoin and Ethereum in relative strength, signaling growing market interest. The key test now is whether Hyperliquid can maintain gains as the broader crypto market cools, with rising volume, open interest, and fee generation suggesting potential for continued strength rather than a reversal.
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Hyperliquid (HYPE) surged to a new high near $82.50, breaking past its previous resistance of $75-$77 and confirming a bullish breakout. The token trades well above key moving averages, signaling strong momentum, but its high RSI of 80.55 suggests it...
Hyperliquid reported generating $6.2 million in fees in a single day, exceeding the combined fees of the top five blockchain networks. This surge reflects strong user activity and market interest, with its token HYPE valued between $79 and $81 and a ...
Institutional investors have significantly increased their holdings in Hyperliquid Strategies, a U.S.-listed digital asset treasury company, with ownership reaching 9.45%. This rise in institutional interest coincides with market predictions that Hyp...
Last week, US-listed Bitcoin and Ethereum exchange-traded funds (ETFs) recorded their largest weekly inflows since October 2025, attracting a combined $2.6 billion. Bitcoin ETFs led with $1.92 billion, while Ethereum ETFs added $697 million, reversin...
