Despite a 3.85% drop in the crypto market on June 4, Hyperliquid (HYPE) whales withdrew over $55 million worth of tokens from exchanges, signaling strong accumulation. The top 100 HYPE holders increased their stakes by 1.36%, and smart money holdings rose by 12.07%, supporting HYPE's resilience amid broader market weakness. However, HYPE is consolidating near its all-time high, with a critical support at $68.08; a daily close below this could trigger a 20% decline toward $55. Traders show a slight bearish bias in derivatives, but the overall trend remains intact with strong technical indicators.
Hyperliquid's HYPE token fell from record highs after BitMEX co-founder Arthur Hayes sold his entire position, citing concerns over rising oil prices, AI IPOs, and broader market risks. Despite the drop, HYPE remains up 167% year-to-date and is still...
Arthur Hayes, co-founder of BitMEX, has sold his entire holdings in Hyperliquid (HYPE) and Near (NEAR) due to concerns over rising energy costs, geopolitical risks, and anticipated competition from large AI IPOs. He expects the market to peak between...
Arthur Hayes sold his entire holdings in HYPE and NEAR tokens during a broader crypto market sell-off, transferring 247,334 HYPE tokens worth about $18 million to exchanges like OKX and Bybit. Despite HYPE and NEAR showing weekly gains, Hayes realloc...
Hyperliquid's price fell over 10% from its record high after BitMEX co-founder Arthur Hayes liquidated his entire HYPE holdings, worth about $18 million. This triggered profit-taking and a broader crypto market downturn amid rising oil prices and geo...
Hyperliquid's HYPE token briefly traded above Solana's SOL, hitting an all-time high near $75.40 while SOL dropped to its lowest since 2023. Despite Solana's larger market cap, Hyperliquid's growth in derivatives trading and institutional interest is...
