ICE announced a partnership with #Hyperliquid to launch a U.S.-compliant perpetual futures market, briefly driving HYPE from $78 to $97.
As for fund flows, Paradigm unstaked 2.55 million #hype tokens, worth approximately $224 million. Potential selling pressure warrants attention, but unstaking does not mean an immediate sale. Protocol buybacks could provide some support.
Technically, $80 is a key short-term level, while $75 is important support. If $75 holds, HYPE may still have a chance to test $98.
As for fund flows, Paradigm unstaked 2.55 million #hype tokens, worth approximately $224 million. Potential selling pressure warrants attention, but unstaking does not mean an immediate sale. Protocol buybacks could provide some support.
Technically, $80 is a key short-term level, while $75 is important support. If $75 holds, HYPE may still have a chance to test $98.
