Hyperliquid hits record 7% share of aggregate perp open interest

Hyperliquid's rapid volume surge highlights the growing influence of prediction markets, potentially reshaping trading dynamics and regulatory focus. The post Hyperliquid matches Polymarket’s BTC binary volume in 2 weeks appeared first on Crypto Briefing.

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

The post HYPE Brothers Wax, ETH Brothers Wane appeared on BitcoinEthereumNews.com. Key Takeaways. Bitcoin lost $80K as ETF demand cooled; Glassnode sees resistance, with October bottom eyed. Ethereum saw 8 EF exits and 31% staking; Bankless turmoil may spur a new ETH org. Hyperliquid’s HYPE rose 50% on $11M fees; CME pressure and ETF flows are next tests. Bitcoin spent the week grinding downward after losing the $80,000 level, finishing Friday just below $77,000. Ethereum and altcoins went sideways, with a few select outliers printing green candles. The very concentrated stock indices pushed higher once again, while precious metals continued consolidating. Meanwhile, bond markets in both the U.S. and Japan showed more signs of weakness as yields climbed even higher. Bitcoin is currently battling heavy overhead technical and institutional resistance. Glassnode corroborated this cautious outlook, noting that weakening spot demand, slowing ETF inflows, and overcrowded long positions are a

The post Hyperliquid buybacks, not ETFs, may be driving HYPE’s record run appeared on BitcoinEthereumNews.com. Hyperliquid’s native token HYPE has extended its record rally as new analysis points to the protocol’s built-in buyback system as a main driver behind the move, rather than ETF demand alone. Summary Hyperliquid has routed over $1.16 billion in trading fees into open-market HYPE purchases since launch. DefiLlama says 99% of perps and spot revenue goes to the Assistance Fund buyback mechanism. HYPE hit $64.23 on May 24 as crypto.news data showed strong weekly and monthly gains. Forbes contributor Zennon Kapron argued that HYPE’s latest run is tied closely to Hyperliquid’s Assistance Fund, a protocol mechanism that uses trading fee revenue to buy HYPE in the open market. His report said Hyperliquid has used more than $1.16 billion in fee revenue for token purchases since launch. The model differs from a normal company buyback. Hyperliquid does not run the process through a board

Hyperliquid has used over $1.16b in fees to buy HYPE, raising fresh questions over ETF demand, trading volume risk and token support today.

Hyperliquid spent over $1.16 billion buying back HYPE token, and Forbes contributor Zennon Kapron says that the automatic buyback engine is pushing prices higher. Most people credit the HYPE token’s sharp rally to ETF expectations. However, Forbes contributor Zennon Kapron points to a stronger reason. Hyperliquid has been quietly spending more than $1.16 billion to […] The post The Real Reason HYPE Exploded? Hyperliquid’s Billion-Dollar Buybacks appeared first on Live Bitcoin News.

Pseudonymous onchain trader ‘Evaded’ has closed all long positions across HYPE, ZEC, and ETH for a combined $4.6 million profit. He then immediately opened a 990- bitcoin short position worth $74.84 million on Hyperliquid. The Flip: From Bull to Bear Evaded exited long positions in HYPE, ZEC, and ETH, locking in a combined $4.6 million […]

The post Hyperliquid whale activity surges as HYPE hits a new ATH: Can the momentum hold? appeared on BitcoinEthereumNews.com. Since bouncing back from a $38 slip, Hyperliquid has been on an explosive uptick, reaching a new all-time high of $62.  As of this writing, Hyperliquid traded at $57, up 23% on weekly charts, reflecting strong upward momentum. With the altcoin’s record-breaking rally, whale activity has surged on both the sell and buy sides.  Hyperliquid whale moves $36 million in HYPE With Hyperliquid [HYPE] showing strong upside, some whales have jumped on the Spot market and cashed out.  According to Lookonchain, Loracle.hl deposited 616,675 HYPE, worth $36.76 million, into Hyperliquid and has already sold 563,3k HYPE.  So far, the wallet still holds 53.33K HYPE, worth $3.06 million, which the whale is likely to sell as well. When whales sell their holdings during an uptrend, it suggests profit-taking or repositioning.  Source: Hypurrscan For Loracle, it seems he sold his HY