Binance listed the HYPE token on HYPE/USDT, HYPE/USDC, and HYPE/TRY trading pairs on September 24, expanding market access following Hyperliquid’s record $18 billion open interest milestone. The Hyperliquid Strategies wallet accumulated 5.51 million HYPE, worth approximately $476 million, over the past month, while another whale withdrew 27,300 HYPE from Coinbase. Net spot outflows reached $2.82 million, reinforcing the accumulation trend despite the price retracing to $91.26. The $88.24 support level remains critical to maintain the bullish structure, as the RSI at 59.55 and bearish convergence suggest further pullback risk if this level breaks.
Source: Read the original article
