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Hyperliquid faces selling pressure after $2.03M whale deposit boosts exchange supply.

Market News
10 Aug 2026
AMBCrypto
View Source
Bearish
Hyperliquid faces selling pressure after $2.03M whale deposit boosts exchange supply.

Hyperliquid (HYPE) experienced increased selling pressure following a $2.03 million whale deposit to KuCoin, which raised the amount of HYPE tokens available on exchanges. This deposit, along with positive netflows indicating more tokens moving into exchanges than out, suggests growing supply that could weigh on prices. Large traders remain active while retail interest cools, giving whales more influence over market direction. Despite this, technical indicators like MACD show some recovery potential if HYPE can hold above $53.67 and break resistance at $57.10. The near-term outlook favors sellers unless broader market participation strengthens.

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Hyperliquid's HYPE token hits record $92.56 after launching new lending feature, boosting demand and trading activity.

Hyperliquid's HYPE token hits record $92.56 after launching new lending feature, boosting demand and trading activity.

Hyperliquid's token HYPE reached a new all-time high of $92.56 on September 18, 2026, driven by the launch of a lending function allowing users to borrow stablecoins using HYPE or Bitcoin as collateral. This feature increases demand for HYPE since ho...

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HYPE token hits record $90.92 after manual borrowing feature launch, rising nearly 13%.

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