Hyperliquid's HYPE token generated about $220 million in 24-hour turnover on South Korean exchange Bithumb, surpassing Bitcoin's turnover by 5.8 times during a concentrated 10-minute trading burst. This spike accounted for 35.2% of Bithumb's total trading value at the time and involved roughly 1.149 million tokens traded at a steady price of around $71.90. The trading surge occurred shortly after HYPE was listed on Bithumb and Upbit on November 10, with Bithumb offering fee waivers and incentives to encourage trading. The event highlights differing trading patterns between Bithumb and Upbit and signals strong initial interest in the new token.
HYPE token's trading surge on Bithumb is the story context, with Pluang's market snapshot as of Nov 12, 2026 08:41 WIB showing that out of 50 major cryptocurrencies, 15 rose and 34 fell today. Notable movers include SAND at Rp750 with a 1-day change of -3.25% and a typical hold time of 125 days, LUNC at Rp0,688 down 3.11% with 92% buy order activity, and EGLD at Rp51.539 down 3.00% with 100% buy order activity. The most notable figure is LUNC's 92% buy order activity on Pluang.
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