Hyperliquid (HYPE) Daily Market Analysis 06 June 2026

Hyperliquid (HYPE) slides from record highs amid Arthur Hayes exit and looming token unlock – here's the latest: • HYPE fell 5.08% in 24 hours to $60.61 after Arthur Hayes fully exited his position, citing macro headwinds (6 June 2026) • Grayscale's HYPG ETF launched on Nasdaq with 0.29% fee, buying over $5M in HYPE within 48 hours • A 9.92M HYPE token unlock (~$684M) scheduled for 6 June 2026 adds near-term supply risk • Protocol hit record 6.63% global perpetuals share, with $62B monthly volume and $3B open interest • UK FCA added Hyperliquid to warning list for unauthorized financial services, creating regulatory overhang