First, the data: $HYPE 74.7, down 3.56% intraday.
Next, the news: HYPE spot ETFs saw net outflows of $15.6168 million last week, the third-highest on record.
This kind of bearish news may lead some investors to wait and see. Whether they come back later depends on market action. My usual practice is to track price movements one hour and 24 hours after the news separately.