$3.6M HYPE Exodus from Exchanges: Is This the Quiet Before an Explosive Market Surge?
Key Takeaways
$3.6 million worth of HYPE has left the exchanges, indicating potential accumulation. HYPE’s RSI stands at 49, suggesting it has strong potential to see upside momentum if market sentiment shifts.
Amid the ongoing market correction, Hyperliquid [HYPE] is showing signs of a potential reversal.
Speculation arises as the price reaches the recent breakout and trendline that has acted as a strong support since May 2025.
Hyperliquid’s rising trading volume
At press time, HYPE traded near the $42.40 level, having lost 4.10% of its value in the past 24 hours.
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