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meme: HYPE jumps 17.5% to $94.98, 3% under its all-time high
template: "Flying Tesla Roadster" (imgflip #12) · cooked 29 oct 18:39 utc
HYPEnews 10.0/10meme 5.9/10R-0031

HYPE jumps 17.5% to $94.98, 3% under its all-time high

hyperliquid's $HYPE token gained 17.5% in 24h and now sits 3% below its all-time high. the HYPE perp traded $1.8B with $2.1B open interest, and funding is positive at 0.030% a day, so longs are paying to stay in. that means the move is leaning on leverage.

+17.5%HYPE 24h
$94.98price
-3.0%from ATH
HOW TO CHECK IT YOURSELF
  1. open app.hyperliquid.xyz and look at the HYPE perp: 24h change, volume and open interest.
  2. check coingecko for the HYPE price and its all-time high.
  3. look at the funding rate on the HYPE perp page to see who is paying whom.
WHAT IT MEANS FOR YOU
a pump this close to the all-time high with open interest above daily volume means a lot of leveraged positions are exposed to a sharp pullback. size positions with that in mind. this is not financial advice.
receipt R-0031 · hyperliquid info api (HYPE perp) + coingecko /coins/markets · 29 oct 18:38 utc · by data butcher