Hyperliquid (HYPE) bounced back to $42.80 after holding the $40 support level. A large whale sold 213,419 HYPE for $8.93 million, realizing $2.8 million in profit, but still holds significant tokens. Despite this profit-taking, demand remains steady with $17 million in daily inflows and strong buying activity, suggesting continued accumulation. Momentum indicators show buyers are absorbing sell pressure, pointing to a potential recovery toward $45 or sideways trading between $41 and $44 if profit-taking persists.
On May 16, 2026, HyperCore repurchased 23,679.72 HYPE tokens but distributed 26,766 HYPE as staking rewards, resulting in a net inflation of 3,087 tokens added to circulation. This pace could add over 1.11 million HYPE tokens annually, reflecting ong...
Hyperliquid, a major decentralized exchange (DEX), is under scrutiny from U.S. regulators after ICE and CME urged the Commodity Futures Trading Commission to regulate it due to concerns about market manipulation and anonymous trading. Hyperliquid's l...
Hyperliquid (HYPE) surged to $47 before sharply falling to $41, down 10.4% amid strong bearish pressure. A whale investor took a large 180,000 HYPE long position with 10x leverage worth $7.78 million, signaling optimism for a rebound. However, increa...
Bitcoin's price briefly recovered to nearly $82,000 in early May but then fell below $80,000 due to profit-taking and weakening momentum. This decline was mirrored by sharp drops in major altcoins like Solana and Cardano. Institutional caution grew a...
Bitcoin dropped sharply to $77,614 following reports of potential US and Israeli military strikes against Iran, triggering a sell-off in risky assets including cryptocurrencies. This geopolitical tension caused over $40 billion in crypto market capit...
