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Hyperliquid whales are accumulating, with one wallet withdrawing $64.9 million worth of HYPE from exchanges in three days. Meanwhile, a trader who lost $46.5 million shorting the token flipped long and is down another $840,000. Whales Quietly Stack HYPE Large holders are pulling HYPE off exchanges at a steady clip, suggesting accumulation rather than an … Read more
Crypto ETF flows remained broadly negative on Wednesday, June 3, as bitcoin and ether funds extended long outflow streaks. HYPE ETFs were the lone bright spot, drawing fresh capital even as the wider market moved into risk-off mode. HYPE ETFs Add $2.99M While Bitcoin and Ether Outflow Streaks Deepen The pressure that began in bitcoin … Read more
Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges. When the Markets Close, Hyperliquid Stays Open Hyperliquid, a decentralized exchange ( DEX) built for perpetual futures, has become a destination for … Read more
Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing token. A Fee War Heats up Around HYPE Grayscale has launched its Hyperliquid Staking exchange-traded fund (ETF), with the product now trading live under the … Read more
Solana generated $91 million in application revenue in May, more than any other blockchain and ahead of Ethereum’s $52 million, according to data shared by Defillama. Solana out-Earns Every Layer 1 and Layer 2 Solana booked $91 million for the month, placing it ahead of the Hyperliquid L1 at $53 million, Ethereum at $52 million, … Read more
Bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued to trim exposure to the market’s largest crypto funds. XRP and HYPE Funds Attract Over $40 Million in Weekly Inflows The holiday-shortened week did not give crypto ETF … Read more
Bitmex co-founder Arthur Hayes has publicly challenged investor Kyle Samani to a $100,000 charitable wager that Hyperliquid’s HYPE token will outperform any other current top-ten cryptocurrency through the end of 2026. A Public Dare With Charity on the Line Hayes laid down the gauntlet in a post addressed directly to Samani, proposing “a gentleman’s charitable … Read more
A trader known onchain as ‘loracle.hl’ spent nearly 10 months building $42.2 million in profits on perpetual futures, only to lose all of it (and then some) after betting against Hyperliquid’s HYPE token. The position has now been mostly closed at a steep loss. A 10-Month Win Streak Undone in Under Three Weeks The collapse … Read more
The HYPE token broke through $70 to reach a new all-time high of $74.04, driving its market capitalization past $16 billion. HYPE Flips DOGE as Market Cap Crosses $16B HYPE kicked off June with another milestone as the token breached the $70 mark on its way to tapping an all-time high. The latest surge, which … Read more
A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token stake to lock in a roughly $95 million profit. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm … Read more