Hyperliquid (HYPE) Hits New Excessive As Nasdaq Agency Shifts Thousands and thousands Into the Token
Lion Group Holding Ltd. (NASDAQ: LGHL), a Singapore-based trading platform operator, has announced a bold shift in its crypto treasury strategy. The company is phasing out its holdings of 6,629 Solana (SOL) and roughly 1 million Sui (SUI) in favor of Hyperliquid (HYPE). Related Reading Rather than executing a single large trade, LGHL is adopting…
Hyperliquid is slowly building a name within the decentralized finance (DeFi) sector. In August, the platform recorded nearly $400 billion in perpetual trading volume and more than $106 million in revenue, according to DefiLlama. Related Reading This milestone not only cements Hyperliquid’s dominance in the decentralized perpetuals market, where it now controls around 70% of…
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On-chain analytics platform Lookonchain has drawn attention to a 7-year-old Bitcoin whale who is betting big on Ethereum. This comes amid a crypto market pullback, which has seen ETH and BTC record significant losses. Bitcoin Whale Sells $76 Million To Buy Ethereum In an X post, Lookonchain revealed that a Bitcoin OG, which is holding…
XRP Open Interest (OI) has surged to a new all-time high, surpassing $10 billion across major crypto exchanges. This jump in futures activity comes as the XRP price climbs toward $3.48, its highest level in years. Historically, rising Open Interest has often coincided with significant price rallies, suggesting the potential for further upside in XRP’s…
These two tokens are drawing attention from retail and institutional investors alike, reflecting shifting dynamics in decentralized finance (DeFi) and the growing appetite for innovative asset structures. HYPE Soars to $43 Signalling Derivatives Market Maturity Hyperliquid’s HYPE token recently hit a record price of $44.80, buoyed by a surge in perpetual futures trading activity on…
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