The Hyperliquid (HYPE) token surged to a record high of $64.48, supported by $72 million in recent institutional investments from 21Shares, Bitwise, and Grayscale. The platform's unique model uses 97-99% of trading fees to buy back tokens, sustaining demand and pushing the total buyback value to $1.16 billion. Perpetual futures open interest reached a new peak of $2.95 billion, signaling strong market activity. Analysts, including Michaël van de Poppe, predict HYPE could surpass $100 soon, driven by expanding platform features and growing investor interest.
Crypto markets gained momentum following the release of CPI data showing a 2.7% year-over-year increase, which aligned with forecasts and raised expectations of a Federal Reserve rate cut. Concurrently, the SEC held discussions with Hyperliquid, a de...
Bitcoin ETFs have experienced significant outflows totaling over $8.2 billion, while Hyperliquid, a decentralized derivatives exchange launched in 2024, has attracted $172 million in inflows into its HYPE spot ETFs since mid-May 2026. The HYPE token ...
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
Recent whale wallet activity shows a shift toward accumulating Bitcoin rather than selling, supported by a 3.25% price increase to $64,514 and Ethereum's 5.04% gain. Reduced outflows from exchanges and steady miner behavior indicate holders are movin...
Four large investors, known as whales, have collectively bought $89,500 worth of Hyperliquid's native token $HYPE within six hours, indicating strong interest and possible coordinated optimism. This activity occurs as $HYPE trades between $63 and $68...
