Hyperliquid's HYPE token has declined about 24% from its all-time high of $76 to around $59 due to significant selling by whales and institutions, including a major holder offloading $31 million worth in one day. Despite this pressure, HYPE remains above its 100 and 200-day EMAs, suggesting the bearish trend is not yet confirmed. The token continues to see strong capital inflows and growing trading volume, which may support its price and prevent a further drop to the $44 demand zone. Investors should watch key moving averages and whale activity for signs of future direction.
Polygon has launched AggLayer, a new system that enables separate blockchain chains to share liquidity and state directly without using traditional bridges. This architecture uses a unified proof mechanism to maintain each chain's sovereignty while a...
Hyperliquid's price dropped below $60 after failing to rebound past $68, declining 11.2% in 24 hours. An a16z-linked wallet moved 471,500 HYPE worth $30.57 million to multiple exchanges, signaling potential selling pressure, though it still holds ove...
Hyperliquid, a decentralized perpetuals exchange and Layer 1 blockchain, has generated over $1.2 billion in fees since its 2024 launch, signaling strong growth and sustainability. Its buy-back-and-burn model uses most fees to reduce HYPE token supply...
Hyperliquid's token price fell about 12% to near $59 following large transfers totaling nearly $59 million from wallets suspected to be linked to venture capital firm a16z. These transfers increased selling pressure across multiple exchanges, leading...
Bitcoin fell 1.2% below $63,000 and ether dropped 1.74% as a broad risk-off sentiment hit markets, driven by a selloff in semiconductor stocks and renewed tensions in the Middle East. This caused a rotation into safer assets like gold, which rose abo...
