Hyperlabs unlocked 433,025 HYPE tokens worth over $23 million, increasing market supply concerns as many tokens moved to exchanges like Flowdesk, OKX, and Bybit. This supply increase comes during a period of weak demand, with HYPE price dropping 3.5% to $54.76 and heavy long liquidations totaling $1.83 million. Technically, HYPE is in a symmetrical triangle pattern, signaling uncertainty with potential resistance at $67.65 and support near $44.52. The token unlock adds fundamental pressure, but the market's reaction depends on how quickly buyers absorb the new supply.
Hyperliquid has burned $1.28 million worth of HYPE tokens in the past 24 hours after generating $1.65 million in fees, pushing lifetime token burns to 47.53 million HYPE ($2.68 billion). This deflationary activity is reducing circulating supply and t...
A major whale investor has boosted their Bitcoin long exposure on the Hyperliquid exchange, coinciding with HyperLabs transferring large amounts of its HYPE tokens to centralized exchanges. This activity reflects growing confidence among whales, with...
HYPE token price climbed above $56.80 after Hyperliquid reported $169 million in Q2 revenue and allocated $141 million to token buybacks, supporting demand. The price rebounded from a $51 support level and is testing a breakout above a descending cha...
Hyperliquid (HYPE) token price fell 2.12% to $55.79, struggling to break the $57.5 resistance after weeks of selling pressure. Despite weak short-term price action, the Q2 report reveals strong network growth with $213 billion in trading volume and $...
U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...
