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Hyperliquid (HYPE) price drops 2.18% in one hour amid $670K liquidations

Market News
30 Oct 2026, 21:50 WIB
Tokenpost
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Bearish
Hyperliquid (HYPE) price drops 2.18% in one hour amid $670K liquidations

Hyperliquid (HYPE) saw its price fall 2.18% within one hour to $89.32 on Binance's spot market, marking a $1.99 drop from an hour earlier. Over the past 24 hours, HYPE declined 5.74%. During the same hour, liquidations across Binance, Bybit, and OKX totaled $670,000, with long position liquidations ($640,000) far exceeding short position liquidations ($30,000). This indicates significant selling pressure on HYPE, which could influence further price movements.

As of Oct 31, 2026 02:02 WIB, Hyperliquid (HYPE) trades on Pluang at Rp1.627.125 with a 1-day decline of 5.49%, closely matching the article's reported 5.74% drop. Pluang data shows a strong sell sentiment with 70% of orders being sell and a typical hold time of 38 days. This contrasts with the circulating supply at 27% of total, indicating a relatively limited amount actively traded compared to total supply.

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