A large investor transferred 557,902 HYPE tokens, worth about $32.9 million, to HyperCore for staking, signaling strong whale confidence in Hyperliquid's staking ecosystem. This follows a recent $172 million stake by another whale, despite HYPE's price declining over the past week. The token traded at $57.48, down 2.13% weekly, amid a broader crypto market sell-off with $244 million liquidated in leveraged positions. Whale staking activity suggests confidence, but market sentiment remains cautious as prices correct from all-time highs.
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Bitcoin and Ethereum prices declined by 2.24% and 1.62% respectively amid a 12.92% drop in crypto derivatives trading volume, indicating reduced risk appetite among traders. The broader crypto market saw losses across major altcoins, reflecting a def...
Ethereum exchange-traded funds (ETFs) led crypto fund inflows last week with $103.9 million, marking a third consecutive week of strong demand. Bitcoin ETFs saw declining inflows, dropping to $33.79 million amid two days of significant outflows. Mean...
Hyperliquid (HYPE) is holding a crucial support level at $57 after pulling back from highs above $75, signaling potential for a rebound toward $70. The token remains above its long-term 200-day moving average near $50, maintaining a bullish outlook. ...
Hyperliquid's HYPE token resumed its decline, returning to a critical support zone between $52 and $58. Despite the price drop, long-term holders increased staking by 40%, locking up around 436 million tokens, which reduces available supply and may h...
