Where is the money flowing? The clues are here: Data: Yeti0x transferred about $2.45 million worth of HYPE to Hyperliquid and began selling.
$HYPE 24h trading volume was $37.76 million, with the price down 1.13%. Whether volume expands during a decline shows whether this is concentrated selling or a normal pullback; the news is just the trigger—the money flow is what really matters.