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Hyperliquid's HYPE token rises amid whale buys and SEC pre-IPO futures proposal.

Market News
19 Aug 2026
Blockonomi
View Source
Bullish
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Hyperliquid's native token HYPE is trading around $59.37, showing strong technical support and bullish momentum. A major whale withdrew 57,000 tokens from Coinbase, signaling long-term accumulation, while derivatives trading surged nearly 19%. The Hyperliquid Policy Center submitted recommendations to the SEC to regulate pre-IPO futures trading, aiming to improve market transparency and access. Key resistance is at $62.48, with potential to reach $68.00 if bullish trends continue, while support holds at $57.10 and $53.67.

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