After a week of bearish trends in the crypto market, Hyperliquid, a Layer 1 blockchain designed to support on-chain financial applications, has taken a different path through its HYPE token. According to market updates, the digital asset has surged by over 25% in the last 24 hours. This led it
A modest rebound in the crypto market has injected bullish sentiment, with Bitcoin and Ethereum attempting to overturn the downtrend. Meanwhile, Hyperliquid (HYPE) has outpaced the market, climbing over 8.78% and securing a spot among the top gainers. The initial price of Hyperliquid was $12.43, which was a day’s low.
The global crypto market cap stands at $2.7 trillion, reflecting a 0.58% decline over the last 24 hours. Crypto trading volume fell 25.77% to $56.88 billion. Hyperliquid (HYPE) has seen a drop, with key indicators suggesting potential market moves. HYPE ranks 27th, trading at $12.63, down 2.06% over the last
Hyperliquid is grappling with over $340 million in USDC outflows following the fallout from the JELLY token controversy. The platform, which delisted JELLY after a suspected market manipulation event, now faces scrutiny over its handling of the crisis. After evidence of suspicious market activity, the validator set convened and voted
As the week inches to an end, the crypto market prices have once again retreated to consolidation. Similar to previous days, regulatory advancements are failing to translate into cryptocurrency prices, causing frustration. Meanwhile, new tokens have continued to crop up, drawing attention from the community. Notably, in January this year,
Hyperliquid’s native token, HYPE, currently trades at $16, reflecting the ongoing market activity driven by investor sentiment, whale movements, and broader crypto trends. The token has shown strong volatility in recent weeks, with major price swings being influenced by leveraged positions and increased liquidity. Analysts note that Hyperliquid’s decentralized perpetual
Hyperliquid has been quiet for some time as the HYPE market chart has been trading sideways. Today, the HYPE token price increased by 12% following an announcement regarding staking on the platform. The platform gained popularity due to the “50x ETH whale” big BTC short position recently. The HYPE token
A Bitcoin whale on Hyperliquid is facing a coordinated effort to force liquidation after opening a $450 million short position with 40x leverage. The trader’s aggressive move has drawn widespread attention from the crypto community, triggering a “manhunt” led by traders aiming to counteract the position. The trader first opened
Hyperliquid (HYPE) is trading at $14.42, rebounding from a volatile week after heavy liquidations rocked its decentralized exchange. On March 12, a trader using 50x leverage triggered an automatic sell-off, wiping out over $4 million from the liquidity pool. The fallout forced Hyperliquid to raise margin requirements to 20%, effective
The price of Hyperliquid’s HYPE token fell 8.5% following a whale liquidation event that left the protocol’s HLP vault with a $4 million loss. The event triggered speculation about potential manipulation, but Hyperliquid denied any exploit or hack. HYPE dropped to $12.74 before recovering to $13.97. The market cap declined
