Investment
Features
FeesSafety
Academy
More
Pluang+

Hyperliquid's HYPE token drops 5.9% due to heavy leverage and low turnover, amplifying price moves ahead of US inflation data.

Market News
13 Oct 2026
CryptoTicker
View Source
Bearish
Hyperliquid's HYPE token drops 5.9% due to heavy leverage and low turnover, amplifying price moves ahead of US inflation data.

Hyperliquid's own token, HYPE, fell 5.9% on October 13, 2026, much more than Bitcoin's 0.8% drop, due to $1.66 billion of open leveraged positions on the token against only $611 million daily turnover. This high leverage-to-turnover ratio means price moves are amplified, causing stronger reactions to market news. The token's price is also affected by monthly token unlocks and buybacks, but leverage remains the dominant factor. Investors in Germany should note Hyperliquid lacks an EU MiCA license, meaning no regulatory protection, and gains from perpetual futures are taxable immediately. The upcoming US inflation report on October 14 could further impact prices, especially for leveraged positions.

On Pluang as of October 13, 2026 16:42 WIB, HYPE trades at Rp1,482,912, down 4.75%, contrasting with Bitcoin's price of Rp1,497,077,018, which gained 0.43%. HYPE's market cap of Rp374.36 trillion and 24-hour volume of Rp16.49 trillion highlight its smaller scale and higher volatility compared to Bitcoin's Rp30,116.27 trillion market cap and Rp543.09 trillion volume. The typical hold time on Pluang is much shorter for HYPE at 37 days versus 111 days for Bitcoin, reflecting differing investor behavior and risk profiles between the two assets.

More News (HYPE)

Ether, XRP, and HYPE rebound after losses but stay near key technical levels.

Ether, XRP, and HYPE rebound after losses but stay near key technical levels.

Ether (ETH), XRP, and Hyperliquid (HYPE) saw a recovery on Tuesday following sharp declines the previous day. Ether rose nearly 3% to around $2,511 but remained below key resistance levels including the Sept. 21 high of $2,807. XRP increased about 2%...

Technical Signals
Neutral
5 hours ago
Hyperliquid's fund holds $3.95B in HYPE tokens, backing a $1.36B buyback program to boost token value.

Hyperliquid's fund holds $3.95B in HYPE tokens, backing a $1.36B buyback program to boost token value.

Hyperliquid's Assistance Fund currently holds over 48 million HYPE tokens worth about $3.953 billion as of October 13. The fund has spent approximately $1.365 billion buying back HYPE tokens through open-market purchases, funded mainly by protocol tr...

Protocol Fundamentals
Bullish
6 hours ago
Whale adds $10.62M in Bitcoin, HYPE, and ZEC long positions, holding $60.95M total with $11.91M unrealized gains

Whale adds $10.62M in Bitcoin, HYPE, and ZEC long positions, holding $60.95M total with $11.91M unrealized gains

A large crypto investor increased long positions by about $10.62 million on Bitcoin, HYPE, and ZEC, bringing total long holdings to over $60.95 million. The account bought 96 BTC, 17,283 HYPE, and 1,215 ZEC at average prices of $81,597, $80.59, and $...

Market News
Bullish
11 hours ago
AI to reshape crypto markets by 2028, lowering Hyperliquid's 2026 price confidence

AI to reshape crypto markets by 2028, lowering Hyperliquid's 2026 price confidence

Fortune reports AI will dominate crypto markets by 2028, changing trading dynamics significantly. Platforms like Coinbase are already using AI tools, and this shift creates uncertainty for Hyperliquid's price outlook. Market confidence in Hyperliquid...

Market News
Neutral
14 hours ago
XRP, Zcash, Hyperliquid, and Shiba Inu fall below late-September highs, testing key support levels amid crypto pullback.

XRP, Zcash, Hyperliquid, and Shiba Inu fall below late-September highs, testing key support levels amid crypto pullback.

Cryptocurrencies XRP, Zcash, Hyperliquid (HYPE), and Shiba Inu (SHIB) have declined from their late-September highs as of October 12, with prices approaching critical support levels. XRP dropped from about $1.66 to near $1.395, with support at $1.35 ...

Technical Signals
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App