The Hyperliquid (HYPE) token surged to a new yearly peak above $97, driven by a major investor buying $36 million worth of tokens, raising their holdings to about $400 million. The platform's ongoing token burn program has destroyed over 48.86 million HYPE tokens, equivalent to $4.76 billion, reducing circulating supply and supporting price gains. Open interest on the platform reached a record $18 billion, while some institutional players like Wintermute began selling tokens. Technical analysis shows key support levels at $88, $75, and $70, with $115 as a potential medium-term target, amid mixed market signals.
Hyperliquid (HYPE) trades at Rp1.679.222 on Pluang as of Sep 24, 2026 15:02 WIB, down 2.19% in the last day despite the recent surge noted in the article. The token's market cap stands at Rp424.48 trillion, with a 24-hour trading volume of Rp20.28 trillion. Pluang users show a balanced sentiment with 56% buy orders and 44% sell orders, holding their tokens typically for 37 days, highlighting active but cautious engagement following the whale accumulation and token burn events.
Multicoin Capital has transferred an additional 130,331 HYPE tokens worth $12.15 million to Coinbase Prime, bringing its total deposits since July 28 to 4.23 million tokens valued at approximately $285 million. These transfers to the institutional pl...
David Hoffman, co-founder of Bankless, sold his Ether (ETH) holdings in May and invested in tokens VVV, NEAR, ZEC, HYPE, and LIT in June. These tokens have outperformed Ether, with LIT rising about 293%, NEAR 223%, ZEC 173%, and HYPE 106%. Hoffman co...
Hyperliquid has permanently removed 48.89 million HYPE tokens from its maximum supply, reducing the total available tokens by 4.89%. This follows a recent buyback where the protocol purchased and burned 34,280 HYPE tokens at an average price of $95.2...
Hyperliquid's market liquidity reached a record $8.8 billion, surpassing last October's peak, driven by increased trading as Bitcoin recovered above $85K. This surge doubled Hyperliquid's daily revenue to $3 million in Q3, with a tripling in mid-Augu...
Jupiter Exchange has launched new perpetual futures markets for tokenized SpaceX shares (SPCX), Hyperliquid's HYPE token, and the privacy coin Zcash (ZEC) on Solana. These new contracts offer up to 20x leverage using USDC as collateral and operate on...
