Hyperliquid Hits New ATH of Above $67 as Early Holder Takes Profits

• HYPE hit a new all-time high above $67 as trading volume surged by 34.9% in 24 hours.
• An early investor deposited $13.8M in HYPE to Coinbase but still holds $84.4M in tokens.
• Hyperliquid’s planned prediction market remains in focus as network activity continues to rise.

Hyperliquid’s native token HYPE extended its rally over the past 24 hours, reaching a new all-time high of above $67 as rising trading activity and continued market participation pushed the asset higher. The move also prompted one of the token’s early holders to begin realizing profits, introducing additional supply into the market.

According to data shared by blockchain analytics platform Lookonchain, an early HYPE holder began reducing exposure after the token reached new highs. According to the report, the wallet held approximately 1.5 million HYPE, valued at about $98.2 million when the toke…

Read The Full Article Hyperliquid Hits New ATH of Above $67 as Early Holder Takes Profits On Coin Edition.