$HYPE Up 14% on the Week as Hyperliquid Logs Its Busiest Day
The numbers:
• ~$89.8: HYPE price, +14.5% in 7 days, ~8% below its ATH
• $17.44B: Hyperliquid perps volume on Oct 29, roughly double normal
• 30-day high in protocol fees
• ~$252M in liquidations that day
HYPE is trending while the rest of the market bleeds.
Bullish. When a CEX stumbles, on-chain perps win the flow. I expect a retest of the $97.7 weekly high while HYPE holds above $86.4.
Not financial advice. DYOR.
$HYPE
The numbers:
• ~$89.8: HYPE price, +14.5% in 7 days, ~8% below its ATH
• $17.44B: Hyperliquid perps volume on Oct 29, roughly double normal
• 30-day high in protocol fees
• ~$252M in liquidations that day
HYPE is trending while the rest of the market bleeds.
Bullish. When a CEX stumbles, on-chain perps win the flow. I expect a retest of the $97.7 weekly high while HYPE holds above $86.4.
Not financial advice. DYOR.
$HYPE
