NEAR 50% weekly rally crowns altcoin enters ‘holy trinity’ trade

Hyperliquid’s HYPE token has surged to record highs, but the rally is being powered less by institutional ETF demand and more by an aggressive protocol-driven buyback system. The mechanism has created a powerful feedback loop tying HYPE’s price directly to trading activity on the exchange. Hyperliquid’s Rally Is Being Driven by Its Buyback Machine, Not […]

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.

XRP trades near $1.36 as Binance liquidity hits 2020 lows, while whale withdrawals keep focus on the $1.35-$1.40 zone for traders.

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 […]

HYPE's price rally slowed down today as some whales look to book profits following the parabolic move.