$HYPE was caught between two forces.
On one side, buybacks continue and enormous perpetual turnover. On the other, institutional demand is weakening, and early holders are starting to lock in profits.
Yesterday’s ETF showed no net inflows, and since September outflows have reached $1.83 million. At the same time, one wallet sent 177,518 HYPE to the exchange—about $16.1 million.
But the fundamentals are still holding.
Buying zone: $83.5–85.
Below $81.5, the scenario loses strength.
Target: $92–95.
On one side, buybacks continue and enormous perpetual turnover. On the other, institutional demand is weakening, and early holders are starting to lock in profits.
Yesterday’s ETF showed no net inflows, and since September outflows have reached $1.83 million. At the same time, one wallet sent 177,518 HYPE to the exchange—about $16.1 million.
But the fundamentals are still holding.
Buying zone: $83.5–85.
Below $81.5, the scenario loses strength.
Target: $92–95.