HYPE has surged above its all-time highs, reaching $65 yesterday in a move that has captured the attention of the broader crypto market at a moment when most assets are struggling under selling pressure. The breakout is significant on its own terms — but data from Hyperliquid has surfaced a detail about who is accumulating the asset that adds a layer of conviction signal to the price action that the chart alone cannot provide. Related Reading: FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely Garrett Jin — the whale identified as the trader who placed a $735 million short position on Bitcoin immediately before the October 10 market crash, a call that became one of the most discussed and most accurate large-scale trades of the cycle — has been buying HYPE over the past four days. The accumulation totals 145,050 tokens at an approximate cost of $9.05 million. More significantly, Jin has placed a TWAP order — a time-weighted average price execution th
A Hyperliquid trader who opened a short position on HYPE ahead of the token’s recent price surge is now unwinding the bet, having already sold more than $14 million worth of tokens with more supply still hitting the market. A Short Position Under Pressure Hyperliquid’s HYPE token hit an all-time high of $64.21 yesterday, putting […]
Hyperliquid’s native token HYPE has surged more than 40% over the past seven days, fueled by aggressive institutional accumulation, fresh all-time highs in derivatives activity, and a major technical breakout that has traders eyeing another leg higher. According to data…
BHYP and THYP report over $80M in net inflows as HYPE trades near $61, holds a bullish setup, and outpaces ADA, DOT and AVAX. Hyperliquid is drawing fresh market attention as HYPE extends its lead over major altcoins. New ETF products have added another layer to the trade. Bitwise’s BHYP and 21Shares’ THYP have recorded […]
The post Hyperliquid ETFs Explode With Demand as HYPE Outruns Major Altcoins appeared first on Live Bitcoin News.
A couple of unrelated bitcoin wallets that sat dormant for more than a year suddenly transferred 1,650 BTC, valued at approximately $127 million, into U.S.-based institutional prime brokerage Falconx. Whales Wake up Large-scale bitcoin transfers from long-inactive addresses are among the most closely watched signals in crypto, and Monday’s movements have been no exception. Onchain […]
A wallet linked to Bitmex co-founder Arthur Hayes has repurchased 85,714 HYPE at $62.69 each, days after the same wallet sold a larger batch of 115,453 tokens at $54.81, confirming a sell-low, buy-high sequence that analysts flagged on Monday. The Buyback That Resolved the Mystery When onchain tracking firm Lookonchain flagged that a wallet linked […]
The post Hyperliquid (HYPE) Price Corrects After Massive Rally—But $100 Target Remains in Play appeared on BitcoinEthereumNews.com.
The post Hyperliquid (HYPE) Price Corrects After Massive Rally—But $100 Target Remains in Play appeared first on Coinpedia Fintech News Hyperliquid has emerged as one of the strongest-performing cryptocurrencies in the market, maintaining a powerful uptrend over the past few weeks. The HYPE price recently climbed to a fresh all-time high of $64.32, reinforcing the growing bullish dominance. Although it has witnessed a couple of short-term pullbacks after its explosive rally, the price continues to … Source: https://coinpedia.org/price-analysis/hyperliquid-hype-price-corrects-after-massive-rally-but-100-target-remains-in-play/
The post Hyperliquid (HYPE) Tanks 25%, But the Price is Somehow Up appeared on BitcoinEthereumNews.com.
On paper, Hyperliquid’s tokenomics appear contradictory at this time. Due to dilution pressure and unlock-related worries, HYPE effectively lost about 25% of its value, but the market still drove the token to new all-time highs above $63. That seems illogical until you consider the actual pricing strategies used by traders. Hyperliquid’s unending revenue stream Fully diluted valuation is the main problem. The market is aware that millions more tokens are still planned to unlock over time, and HYPE’s circulating supply is still far below its maximum supply. Although only a small portion of the supply is actively traded, CoinGecko data indicates that the project’s FDV already exceeds $60 billion. HYPE/USDT Chart by TradingView Momentum is usually destroyed by that kind of setup. There are numerous tokens in cryptocurrency history that experienced early rallies, later supply unlocks, a
