$HYPE listed on Binance on Sept 24. Seed tag. USDT, USDC, TRY pairs
Listing tape did the usual thing. Early holders got an exit. Price got pushed first.
Then a big buyer stepped in. Hyperliquid Strategies bought about 494k HYPE in 16 hours.
The protocol is still burning tokens too. CZ said he’s not against Hyperliquid. He just wants more DEX competition.
So it’s messy in a good way. Listing. Treasury buying. Buybacks.
$HYPE is still on watch because of that new Binance liquidity. Question is who is using it. Fresh buyers, or old bags?
Listing tape did the usual thing. Early holders got an exit. Price got pushed first.
Then a big buyer stepped in. Hyperliquid Strategies bought about 494k HYPE in 16 hours.
The protocol is still burning tokens too. CZ said he’s not against Hyperliquid. He just wants more DEX competition.
So it’s messy in a good way. Listing. Treasury buying. Buybacks.
$HYPE is still on watch because of that new Binance liquidity. Question is who is using it. Fresh buyers, or old bags?