Binance announced a second round of withdrawal reopenings, but the HYPE token remains absent from the list of eligible assets. Consequently, holders have been unable to withdraw HYPE for eight consecutive days, even though the token was not stolen, lost or held by a hacker. Binance said every asset must pass security and readiness checks before withdrawals can resume, but it provided no timetable for HYPE. Despite Hyperliquid’s $18.6 billion capitalization, its large base of market makers and other liquidity providers should limit the restriction’s impact on the token’s market performance.
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