A major holder sold over 443,000 HYPE tokens worth around $28 million near all-time highs, triggering a 12% price decline in 48 hours. The proceeds were moved to Hyperliquid and other exchanges, suggesting potential further selling or leveraged short positions. Despite Hyperliquid's buyback program reducing circulating supply, large whale sales continue to create short-term volatility. Traders should monitor open interest on Hyperliquid's perpetuals market for signs of further price moves.
Cronos (CRO) surged 7.43% to $0.0597, leading gains among altcoins due to strategic partnerships and ecosystem growth. Other notable gainers included Beldex, Stable, Mantle, and Polkadot, each rising between 2% and 6%. Conversely, Lighter fell 10.43%...
Hyperliquid, a decentralized exchange for perpetual futures, has reached a record 9.3% share of global aggregate perpetual open interest, up from 6.9% six weeks earlier. This milestone reflects significant growth driven by its HIP-3 permissionless ma...
Hyperion DeFi plans to deploy 500,000 HYPE tokens on Hyperliquid’s HIP-3 platform to support institutional perpetual markets. This move aims to increase liquidity and attract more institutional investors, potentially driving Hyperliquid's price highe...
Crypto markets gained momentum following the release of CPI data showing a 2.7% year-over-year increase, which aligned with forecasts and raised expectations of a Federal Reserve rate cut. Concurrently, the SEC held discussions with Hyperliquid, a de...
Bitcoin ETFs have experienced significant outflows totaling over $8.2 billion, while Hyperliquid, a decentralized derivatives exchange launched in 2024, has attracted $172 million in inflows into its HYPE spot ETFs since mid-May 2026. The HYPE token ...
