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 (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 ...
A trader closed long positions in Bitcoin, Hyperliquid, and Zcash at a combined loss of about $6.09 million over six hours. Subsequently, the trader opened new long positions in Ether and Hyperliquid valued at approximately $42.9 million, with Ether ...
Hyperliquid (HYPE) fell 2.37% to $83.53 on November 3, breaking below the $85 support level due to technical selling, concerns over a proposed ICE U.S. trading platform, and an upcoming token distribution of 180,000 HYPE tokens on November 6. The ICE...
