Why Is Hyperliquid (HYPE) Price Exploding? Here’s How One Trader Lost $23M Betting Against It

Almost always when you look at the top gainers in crypto this week, you will find Hyperliquid’s HYPE token at the top of the list. In just a matter of days, HYPE has gone from trading around $26 to nearly $36, before pulling back slightly to its current price of $34.95. The chart shows a