Hyperliquid Price Holds $60 as MAS Alert Listing Tests Bulls

Key Insights:

• Hyperliquid price holds $60 as the MAS listing adds a test of sentiment.
• HYPE needs $65 and $70 to confirm renewed upside momentum.
• Whale buying and buybacks remain central to Hyperliquid’s bull case.

Hyperliquid price stayed near a key support zone after Singapore’s Monetary Authority added the decentralized trading platform to its Investor Alert List. The listing drew attention because MAS uses the list for public warnings about entities that may be wrongly viewed as licensed or regulated.

Hyperliquid said the notice is not a ban, enforcement action, or finding of wrongdoing. HYPE traded near $63 after holding the $60 area, keeping traders focused on whether buyers can force a move back toward $65 and $70.

Hyperliquid Price Faces MAS Alert List Pressure Today

The MAS Investor Alert List does not automatically mean a company has broken the law. It shows that the regulator has not licensed the listed entity, or that investors may wrongly assume it has approval.

Hyperliquid responded by saying it has never claimed to be licensed or authorized by MAS. The protocol also said nothing about whether the network has changed after the listing.

That distinction matters for market sentiment. A regulatory warning can still unsettle traders, even when it is not an enforcement action.

Singapore has used alert lists more actively as crypto platforms draw global users. Bybit was also placed on the MAS list earlier this month, and later said it had restricted access in Singapore.

Hyperliquid Price Holds $60 as Traders Watch $65 Break

Hyperliquid price remains tied to the $60 support level after HYPE cooled from its mid-June high above $75. The token recently traded within a 24-hour range of about $59 to $65, according to CoinGecko data.

The $60 area now acts as the main short-term line for bulls. A clear break below that level could bring the $55 to $58 zone back into focus.

A move above $65 would show early strength after the pullback. A daily close above $70 would give buyers a stronger case for another retest of the recent high.

Momentum signals show a mixed setup. The broader trend remains higher from March, but the latest pullback has slowed accumulation.

Whale Demand Keeps Hyperliquid Price Bull Case Alive

Large wallet activity remains a key part of the HYPE price story. According to Lookonchain data, a new wallet withdrew 222,493 HYPE, worth about $14.41 million, from Coinbase Prime.

Another whale received 44,986 HYPE, worth about $2.87 million, from FalconX. These transfers do not prove long-term holding, but they show that large buyers remain active.

Derivatives activity also stayed strong during the pullback. CoinGlass data shows HYPE volume rising to $4.59 billion, while open interest slipped to $2.52 billion.

That mix suggests traders are still active, though some leverage has cooled. Options open interest rose, but options volume fell, leaving spot and perpetual futures as the main action.

Institutional attention has also shaped the wider debate. Multicoin Capital recently argued that Hyperliquid could become an “everything exchange”, citing revenue, users, open interest, and product expansion.

The firm’s base case pointed to a $319 HYPE target by 2028. That projection depends on growth in trading volume, buybacks, HyperEVM activity, and new products.

Still, regulation remains a major risk. The MAS listing does not block the protocol, but it reminds traders that permissionless infrastructure is treated differently across markets.

For now, Hyperliquid price is holding its most important near-term level. Bulls need $65 to return first, then $70 to confirm stronger momentum.

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