Hyperliquid's token (HYPE) has dropped nearly 20% in 30 days, with whales unstaking and selling on centralized exchanges. A key price level at $52.38 could trigger a wave of forced liquidations, increasing short-term sell pressure. Despite this, the exchange is diversifying revenue by charging priority fees, which may support its long-term business. Analysts see a possible deep retracement to $32-$42 before a long-term bullish trend resumes, but near-term caution is advised due to bearish signals and market sentiment.
The crypto market is unusually quiet today, with minimal hourly price changes among the top 15 assets. Despite this calm, the year-to-date performance shows significant losses, with Bitcoin down 28% and most large-cap coins losing between a third and...
Hyperliquid has introduced the HIP-4 testnet phase, allowing developers to deploy standardized outcome markets by staking 100 HYPE without auctions or gas fees. This update expands market creation beyond validators using approved templates to reduce ...
The 30-year U.S. Treasury yield hit its highest level since 2007, making bonds more attractive and drawing capital away from riskier assets like cryptocurrencies. This shift has contributed to a significant drop in crypto market value, with Bitcoin l...
Hyperliquid launched permissionless HIP-4 deployments on its testnet, enabling developers to create prediction markets beyond sports. Despite this innovation, HYPE token dropped nearly 2% to about $54.70, falling below the $55 support level due to br...
Hyperliquid's price has been falling within a descending channel, currently trading around $54 and down 7.3% weekly. Major investors, including a whale who unstaked $57.6 million worth of HYPE tokens and deposited them into exchanges, are increasing ...
