Hyperliquid reported a net income of $30.95 million in Q2 2024, marking a 250% increase quarter-over-quarter from $8.84 million. Adjusted EBITDA surged to $53.65 million, up 175% from the previous quarter. Gross HYPE holdings jumped 87% to $132.64 million. Whales control approximately 56% of the token’s total circulation, while 75% of market exposure is in long positions. Trading volume rose 37% to around $264 million.
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