$HYPE open interest just flipped $ETH on Hyperliquid — $1.61B vs $1.44B.
While $BTC is still down 5% from yesterday, $HYPE is UP 4.9%.
The venue's own token didn't follow the broader selloff. Liquidity is sticky when it's home turf.
Watch for whether this holds or if it's just temporary decoupling before reality catches up.
While $BTC is still down 5% from yesterday, $HYPE is UP 4.9%.
The venue's own token didn't follow the broader selloff. Liquidity is sticky when it's home turf.
Watch for whether this holds or if it's just temporary decoupling before reality catches up.