HyperLabs is unlocking 9.92 million HYPE tokens worth about $589 million by September 6, with 433,025 tokens ($23.46M) already deposited on exchanges. This large token release is largely mechanical due to tax liabilities forcing immediate sales, despite the Hyper Foundation burning some tokens to reduce supply. Experts warn that combined with high leverage on platforms like Hyperliquid, this could cause significant market volatility ahead of the Federal Reserve's September 15-16 meeting. Market activity is subdued as traders remain cautious, with Bitcoin struggling below $65,000 amid unwinding open interest and upcoming economic events increasing uncertainty.
Hyperliquid is broadening its derivative offerings to include pre-IPO perpetual contracts, allowing traders to speculate on equity valuations before public listings. Early markets reveal significant price gaps at IPOs, highlighting potential demand v...
Hyperliquid's native token HYPE is trading around $59.37, showing strong technical support and bullish momentum. A major whale withdrew 57,000 tokens from Coinbase, signaling long-term accumulation, while derivatives trading surged nearly 19%. The Hy...
Hyperliquid (HYPE) saw a significant whale accumulation after a wallet withdrew $3.36 million worth of tokens from Coinbase, reducing immediately tradable supply and signaling strong demand. However, overall exchange inflows rose by $3.38 million, in...
Bitcoin climbed to around $64,262, up 1.2% in 24 hours, staying within its $60,000-$66,000 range amid mixed market moves. Venice Token led top 100 gainers with a 12.5% rise, while some altcoins like Worldcoin and Filecoin fell sharply. Bitcoin's mome...
Bitcoin remains near $64,000 amid market uncertainty, holding its role as crypto's benchmark with strong institutional support. Ethereum fell below $1,900 but attracted $103.9 million in U.S. ETF inflows, signaling resilient demand. Solana upgraded i...
