Since Hyperliquid's mainnet launch on April 14, traders have burned nearly 22,000 HYPE tokens through priority fees, with weekly burns rising 45-fold recently. The number of distinct payers expanded from 14 to 130, indicating broader adoption. Institutional interest is growing, highlighted by Bitwise staking 1.775 million HYPE worth $114 million, signaling long-term commitment. Meanwhile, 21Shares trimmed its HYPE holdings slightly, likely for portfolio rebalancing. Overall, supply is tightening through fee burns and staking, reinforcing sustained demand for HYPE tokens.
Hyperliquid (HYPE) surged 4.96% within one hour to $88.48 on Binance's HYPE/USDT market, rising $4.18 from $84.30 an hour earlier. Over 24 hours, HYPE increased 2.21%. During the same hour, liquidations on Binance, Bybit, and OKX totaled $1.41 millio...
On November 3, US spot ETFs linked to Hyperliquid (HYPE), Zcash (ZEC), and NEAR experienced mixed fund flows. Hyperliquid's Grayscale Hyperliquid Staking ETF (HYPG) saw a net inflow of $605,100, increasing its total net inflows to $152 million. Howev...
Hyperliquid (HYPE) token surged to $86.81, up 2.44% within an hour on Binance, surpassing its 24-hour gain of 0.88%. During this period, short liquidations across Binance, Bybit, and OKX totaled $460,000, vastly outnumbering $10,000 in long liquidati...
A trader on Hyperliquid closed losing long positions in Bitcoin, HYPE, and Zcash, totaling about $6.13 million in losses, with Bitcoin accounting for roughly 72% of the losses. After this exit, the trader opened new leveraged long positions worth app...
Hyperliquid's $HYPE token is showing a potential bearish head-and-shoulders pattern on the 12-hour chart, signaling a possible 22% price correction if it closes below the $76-$78 neckline. Currently trading around $84, the token has gained 8.3% over ...
