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Hyperliquid (HYPE) is making major headlines after its Binance listing. The token initially dropped about 4.5% following the listing, after reaching an all-time high around $98 beforehand.
But the story quickly changed: Hyperliquid Strategies reportedly bought another $45.8 million worth of HYPE, bringing its holdings to roughly 35.1 million HYPE, valued around $3.2 billion.
Meanwhile, Bitcoin is trading around $84K, with the $85K–$85.8K area identified as a significant near-term resistance zone. U.S. spot Bitcoin ETFs also recorded approximately $2.39 billion in net inflows from Sept. 21–25.
🔥 Key takeaway: HYPE is now facing a major test between fresh Binance liquidity, whale activity, and profit-taking from earlier holders.
Watch: HYPE price action around its previous ~$98 high and whether buying demand can absorb selling pressure.
Crypto markets are highly volatile. This is market information, not financial advice.
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