Smart money participants are celebrating profits despite the current broader bearish sentiments, which underpins Bitcoin around $95,000.

One trader is grabbing attention with his high-stakes leveraged bets.

According to on-chain tracker Lookonchain, the player has secured over $2.5 million in returns after a well-timed long on Starknet (STRK), executed three days ago.

Most interestingly, he has redirected attention to a new position, going long on Hyperliquid’s HYPE with a substantially higher leverage of 10x.

Smart trader 0xbbc0 opened a 5x long on 29.5M $STRK($6.7M) 3 days ago and is now sitting on over $2.5M in profit.

4 hours ago, he also opened a 10x long on 77,598 $HYPE($2.98M).https://t.co/pQAjmsQNjH pic.twitter.com/WQYjrNeJGL

— Lookonchain (@lookonchain) November 17, 2025

These back-to-back moves are coming as uncertainty engulfs the financial landscape, with most traders opting for wait-and-watch and caution.

Meanwhile, the latest trade has fueled optimism among HYPE holders, as it indicates confidence in the altcoin’s potential rally in the near term.

An STRK long that hit its target

Blockchain data shows the wallet opened a 5x long on 29.5M Starknet tokens, a position worth roughly $6.7 million, three days ago.

The player entered just as STRK began creating a short-term base.

The digital token has remained on the watchers’ radar lately due to ecosystem upgrades, a thriving staking marketplace, and uncertainty linked to overall market downsides.

900M STRK are now staked on Starknet.

That’s ~20% of the circulating supply, and a 100% increase in staked STRK since last quarter.

Acceleration. pic.twitter.com/3thNY1Hk2x

— Starknet (BTCFi arc) (@Starknet) November 14, 2025

While many hesitated as fear crippled the cryptocurrency sector, the smart trader joined before the short-lived rally started, riding a clean uptrend.

His profit surpassed $2.5 million as Starknet extends its recovery, now up 30% the past seven days.

STRK is trading at $0.2104 after losing 8% the past 24 hours amid broader weakness and profit-taking after the latest surge.

HYPE set to rebound after POPCAT scandal?

Hours after the STRK returns emerged in trackers, the trader entered a new position – a long on 77,598 HYPE, worth approximately $3 million, with a significantly higher 10x leverage.

The timing drew attention.

Hyperliquid has been among the most-watched DEXs the past week, following POPCAT’s manipulation, which saw the platform temporarily halt withdrawals.

HYPE endured substantial bearishness following the event, losing more than 10% of its value in the past week.

With the wallet’s transaction becoming some sort of sentiment indicator, enthusiasts trust HYPE is poised for a rebound as the exchange’s manipulation debates settle.

Committing almost $2.98 million to a 10x long underscores the conviction of short-term uptrends amidst broader market struggles.

HYPE remained relatively stable the past 24 hours, losing only 1.40% to trade at $38.41.

Technical indicators display neutral conditions as HYPE eyes the next move.

The Moving Average Convergence Divergence remained relatively flat with the signal line on the 1-hour chart.

Also, the Relative Strength Index at 48 suggests indecisiveness.

For now, market players are watching to see whether the smart whale turns into a reliable signal.

If his history rhymes, HYPE could be poised for a near-term rebound.

The post Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK appeared first on CoinJournal.

Smart trader shifts to Hyperliquid’s HYPE after pocketing $2.5M profit on STRK

Source: https://coinjournal.net/news/smart-trader-shifts-to-hyperliquids-hype-after-pocketing-2-5m-profit-on-strk/

21Shares, a Switzerland-based asset manager and issuer of crypto exchange-traded products (ETPs), has listed the Hyperliquid ETP on the SIX Swiss Exchange.

The new product provides institutional and retail investors with exposure to Hyperliquid’s native token (HYPE) without the need for wallets or on-chain custody.

The listing represents the first institutional-grade investment vehicle offering direct exposure to the Hyperliquid protocol.

It arrives just days after HYPE reached an all-time high of $50.99, reflecting the platform’s growing influence in the decentralized finance (DeFi) derivatives sector.

Mandy Chiu, head of financial product development at 21Shares, praised Hyperliquid’s trajectory, stating that its “growth has been nothing short of extraordinary, and the underlying economics are among the most compelling we’ve seen in the space.”

Founded in 2018, 21Shares has a record of launching regulated digital asset products.

Its portfolio includes the first physically backed crypto ETP, as well as spot Bitcoin and Ether ETFs in the US.

In Europe, the firm has built a suite of crypto ETPs spanning single-asset offerings like Solana (SOL) and Dogecoin (DOGE) to diversified baskets and staking-focused funds.

Hyperliquid’s rapid rise in DeFi

Hyperliquid launched in late 2022 as a layer-1 blockchain with a decentralized exchange specializing in perpetual futures.

Unlike many DeFi platforms that rely on automated market makers, Hyperliquid uses a traditional onchain order book to match buy and sell orders directly.

Trades are cleared in under a second without reliance on oracles or off-chain infrastructure.

The exchange’s fee structure funnels transaction costs into daily buybacks of its native HYPE token, supporting demand for the asset.

This model has helped fuel explosive growth across trading volumes, revenues, and user adoption.

In July, Hyperliquid processed $319 billion in trades—the highest monthly volume ever for a DeFi perpetuals platform.

That activity contributed to a total of nearly $487 billion in decentralized perpetual trading volume, according to DefiLlama.

The platform also captured 35% of all blockchain revenue that month, surpassing competitors on Solana, Ethereum, and BNB Chain.

Hyperliquid has since emerged as the seventh-largest derivatives exchange globally by daily trading activity, with more than 600,000 registered users as of July.

While a 37-minute outage on July 29 briefly disrupted trading, the protocol reimbursed $2 million in losses, winning support from its community for its quick response.

Balancing growth and market concerns

Despite its momentum, questions remain over market integrity.

On Wednesday, four large traders allegedly manipulated the market for Plasma’s XPL token, briefly driving its price 200% higher to $1.80 before smaller participants absorbed heavy losses.

The suspected manipulation generated $48 million in profits for the traders involved.

Still, optimism for Hyperliquid’s long-term trajectory remains strong.

At the WebX 2025 conference in Tokyo, BitMEX co-founder Arthur Hayes projected that the HYPE token could rise 126-fold over the next three years, citing the exchange’s robust fee revenue and the broader expansion of stablecoins.

As institutional-grade products such as the 21Shares Hyperliquid ETP launch, investor access to emerging DeFi infrastructure continues to expand.

While governance and market risks persist, Hyperliquid’s rapid ascent underscores the growing demand for decentralized derivatives and the financial instruments designed to track their performance.

The post 21Shares launches Hyperliquid ETP on Swiss Exchange amid surging DeFi volumes appeared first on CoinJournal.

21Shares launches Hyperliquid ETP on Swiss Exchange amid surging DeFi volumes

Source: https://coinjournal.net/news/21shares-launches-hyperliquid-etp-on-swiss-exchange-amid-surging-defi-volumes/

Hyperliquid (HYPE) stood out among top cryptocurrency performers this week as the native token of the high-performance layer-1 blockchain rose to a new all-time high above $51.

But can bulls hold prices above a key trendline and enter price discovery?

Hyperliquid pares gains after bulls reach new ATH

HYPE has been on a tear, climbing to an all-time high of $51.07 on August 27, 2025, fueled by a slight crypto market bounce that saw Bitcoin flip to above $113k from under $110k.

The gains came as stocks edged higher ahead of Nvidia earnings, and then futures surged after the AI chip giant posted a revenue beat.

With weekly gains exceeding 18%, Hyperliquid outpaced many top cryptocurrencies and stormed to its new ATH.

Having captured the crypto market’s attention with spot volumes hitting daily peaks above $3.5 billion, HYPE token’s price jumped more than 17% in the past week.

This saw the 16th-ranked altcoin hit highs of $51 across major exchanges.

CoinGecko data shows the altcoin’s price managed a 1,174% rally from its all-time low of $3.81 reached in November 2024.

Whales are aggressively buying HYPE.

Two more whales bought 175,130 $HYPE($8.47M) in the past 12 hours.https://t.co/61ts9kBRC8https://t.co/t6SDRudnPbhttps://t.co/DAxhCUWBkd pic.twitter.com/dOUyTSb92B

— Lookonchain (@lookonchain) August 28, 2025

On-chain activity, with Hyperliquid’s decentralised exchange recording new highs in daily trading volume and fees, helped bulls.

Institutional adoption, highlighted by spot exchange-traded fund anticipation and support by BitGo and Anchorage Digital Bank, has been a key catalyst.

Hyperliquid price forecast: Is $100 next for HYPE?

The broader crypto market bounce, with Cronos (CRO) jumping on Trump Media news, also helped HYPE drive higher.

Analysts now say Hyperliquid price could extend gains in the coming months, with bulls likely to see triple-digit moves as they eye $100 and higher.

However, HYPE has pulled back slightly, with profit-taking currently seeing the token hover above $48.

Despite the pullback, market sentiment remains optimistic, supported by Hyperliquid’s dominance in the decentralised perpetuals market.

The daily chart above shows the technical outlook for HYPE is largely bullish as the token holds above a key ascending trendline.

It signals sustained buyer demand, with the Relative Strength Index (RSI) above 57 to suggest that momentum favours the bulls.

The daily MACD also shows a bullish crossover, with the histogram’s green bars strengthening.

If HYPE regains upside traction, analysts believe it could enter price discovery mode, potentially targeting $100 in the coming months.

As noted, a broader market downturn could push HYPE toward support levels, with demand reload zones around $42 and then $30.

The post Hyperliquid price forecast as HYPE sees pullback after hitting all-time high appeared first on CoinJournal.

Hyperliquid price forecast as HYPE sees pullback after hitting all-time high

Source: https://coinjournal.net/news/hyperliquid-price-forecast-as-hype-sees-pullback-after-hitting-all-time-high/

Hyperliquid (HYPE) dropped more than 5% on June 18, 2025, falling below the $40 mark even as Eyenovia, Inc.—a Nasdaq-listed ophthalmic technology firm—announced a $50 million investment in the token as part of its crypto treasury strategy.

The move marks a significant milestone for both firms.

Eyenovia’s announcement aligns with a broader trend of publicly traded companies increasing exposure to digital assets, adding crypto to their balance sheets amid growing institutional interest.

Despite the bullish headline, HYPE extended losses following a recent all-time high, with the decline largely attributed to profit-taking.

The price action leaves the Hyperliquid token vulnerable to further downside if selling pressure persists.

Big news as Eyenovia plans HYPE treasury strategy

On June 17, 2025, Eyenovia announced its plans for a private placement as it looks to establish a cryptocurrency treasury reserve.

Specifically, the company wants its balance sheet to include Hyperliquid’s native token, HYPE.

This strategic pivot, which includes rebranding to Hyperion DeFi, aims to position Eyenovia as a leading validator on the Hyperliquid blockchain..

Notably, Eyenovia’s $50 million investment targets the acquisition of 1 million HYPE tokens.

Once executed, the company will become one of the top global validators on Hyperliquid’s layer-1 blockchain.

The $50 million financing, secured through a private placement in public equity (PIPE) with institutional investors, involves issuing convertible preferred stock at $3.25 per share, potentially raising up to $150 million if warrants are fully exercised.

Eyenovia has appointed Hyunsu Jung as Chief Investment Officer to lead this initiative, with plans to stake HYPE tokens via Anchorage Digital’s platform.

Eyenovia’s chief executive officer, Michael Rowe, emphasized the strategy’s focus on long-term capital appreciation and shareholder value, citing Hyperliquid’s rapid growth and $8.4 million daily revenue.

This move aligns with a growing trend among publicly traded companies diversifying into cryptocurrency treasuries.

Strategy, formerly MicroStrategy, is the biggest player with its over $60 billion Bitcoin (BTC) haul.

Other companies have announced strategies for Ethereum, XRP, and Solana.

Eyenovia stands out as the first US public company to adopt HYPE, potentially setting a precedent for decentralized finance (DeFi) tokens.

“We are pleased to join the growing number of companies who have adopted similar strategies for the diversification, liquidity and long-term capital appreciation potential that cryptocurrency represents,” stated Michael Rowe, chief executive officer of Eyenovia.

“Following a thorough review of all available alternatives, the Board and I have concluded that this transaction is in the best interests of our shareholders.”

What is the outlook for the HYPE price?

HYPE’s price has struggled to maintain momentum above $40, dropping to $39.89 after failing to sustain a recent peak of $45.50.

On the daily chart, technical indicators paint a bearish picture, with the Relative Strength Index (RSI) sitting at 45.6, indicating neutral momentum with a slight bearish tilt, while the Moving Average Convergence Divergence (MACD) shows weakening bullish momentum.

Open Interest (OI) on Hyperliquid futures has also declined, signaling reduced trader confidence, according to Coinglass data.

Despite the current price dip, analysts forecast that such institutional endorsements could drive HYPE’s value higher.

Moreover, Hyperliquid remains a strong project with massive perpetuals volume and revenue.

The post Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy appeared first on CoinJournal.

Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy

Source: https://coinjournal.net/news/hyperliquid-price-outlook-amid-eyenovias-50m-hype-treasury-strategy/

Hyperliquid (HYPE) price jumped to a new all-time high above $44.76 on June 16, 2025, allowing buyers to push into price discovery mode.

The gains for HYPE came amid an 11% surge in 24 hours and over 25% rally in the past week.

With Hyperliquid trending as one of the top coins in the market, open interest is rising and a bullish setup suggests a spike above $50 is possible.

An innovative DeFiLlama infrastructure and aggressive token buyback are some of the bullish catalysts for Hyperliquid.

HYPE price soars to new all-time high

As of writing, the native token of this layer 1 blockchain for decentralized finance (DeFi), hovers around $44.36. However, as per CoinMarketCap, HYPE price surged to an all-time high of $44.76 in early trading on Monday.

The upside coincides with a sharp spike in total value locked (TVL), which currently exceeds $2.24 billion.

DeFiLlama data shows Hyperliquid TVL has increased nearly 7% in the past 24 hours. On June 11,2025, the Hyperliquid TVL stood around $1.7 billion.

The project’s growing ecosystem, with a crucial stablecoin architecture and thriving developer community, adds to the bullish outlook.

As HYPE price hit its new ATH above $44.7, a whale with a long position of 4x leverage increased their profits. OnChain Lens noted the whale’s floating profit hovered at over $13.7 million at the time.

Just In: $HYPE hits a new ATH, surpassing $44.4.

The whale holding a $HYPE long position with 4x leverage now enjoys a floating profit of over $13.7M.https://t.co/MFqAOlP7BF pic.twitter.com/znnq9zZ79S

— Onchain Lens (@OnchainLens) June 16, 2025

Hyperliquid price prediction: Is $100 next?

Open interest, huge trading volume and increased institutional interest are all factors that see HYPE’s price hover at its all-time highs.

Coinglass data shows derivatives volume for HYPE has jumped 29% to over $1.8 billion.

Meanwhile, OI is above $2 billion with a more than 15% spike. This optimism about Hyperliquid’s price potential also aligns with signals from key technical indicators.

On the daily chart, the 14-day Relative Strength Index (RSI) stands at 69. This means a market that’s not overbought yet. In this scenario, buyers have room for fresh gains.

Also backing this outlook is the Moving Average Convergence Divergence (MACD), which offers a bullish momentum as MACD line trends above the signal line.

In a bullish case, the short-term picture is for a decisive spike above $50 and potential run to the psychological $100 mark.

Notably, HYPE could rally much higher in 2025 amid further adoption of its decentralized applications and attractive financial incentives.

On the flipside, profit taking could force bulls to defend the $40 and $32 price levels.

The post Hyperliquid price surges to all-time high with TVL crossing $2 billion appeared first on CoinJournal.

Hyperliquid price surges to all-time high with TVL crossing $2 billion

Source: https://coinjournal.net/news/hyperliquid-price-surges-to-all-time-high-with-tvl-crossing-2-billion/

Hyperliquid’s native token HYPE has surged past $42 for the fourth time in 2025, drawing renewed attention to its performance as one of the top DeFi assets by market engagement, futures open interest, and Layer-1 network activity.

Unlike short-lived meme coin rallies, this price action comes on the back of growing institutional activity, whale accumulation, and rising protocol usage that has pushed Hyperliquid’s total value locked (TVL) to $1.73 billion.

At the time of writing, the HYPE token is in price discovery, buoyed by a series of on-chain and technical indicators showing significant upward momentum.

The latest move above $42 has not only sustained but extended gains made since early April, when the coin traded near $9.29.

Since then, HYPE has jumped more than 350%, becoming a focal point for both retail and professional traders in the decentralised finance (DeFi) space.

On-chain data shows whale accumulation

A cluster of large transactions involving millions in USDC and SOL highlights the growing interest from high-conviction traders.

Two separate wallets deposited $19.43 million in USDC to open 5x long positions on HYPE futures.

In another major move, one whale used $11.8 million in SOL as collateral to borrow $4 million in USDC and proceeded to buy and stake 126,353 HYPE tokens at a price of $39.10.

A third wallet purchased 259,367 HYPE using $9.97 million in USDC, showing that capital inflows are not just speculative but strategically placed.

The open interest on HYPE futures has reached an all-time high of $1.89 billion, according to Coinglass.

This aligns with a sharp increase in platform fees and user activity.

Technical indicators signal bullish strength

The HYPE/USDT chart confirms a strong parabolic move that places the token’s momentum in overbought territory.

The Relative Strength Index (RSI) currently sits at 73.76, suggesting that while bullish pressure is dominant, short-term corrections may occur.

The MACD shows a bullish crossover above the zero line, although the histogram has begun to flatten, indicating that momentum may be levelling off.

Another key metric, the BBTrend momentum indicator, remains elevated.

While this reflects sustained bullish interest, such prolonged readings often precede price volatility or sharp pullbacks, particularly when parabolic price curves begin to test structural support.

Current resistance lies near $44.50. A breakout above this level could set off a new rally targeting $50.

If the price fails to hold $38, it could retrace to $34 or even as low as $26.89, which remains a critical support level.

Hyperliquid ecosystem metrics rise sharply

The Hyperliquid platform continues to record strong growth across multiple fronts.

According to DeFiLlama, TVL now stands at $1.73 billion, placing it among the most liquid Layer-1 DeFi protocols.

Artemis data shows that daily fees reached $2.99 million, outperforming even Ethereum and Solana on certain days.

With an annual revenue of $851 million and 97% of that earmarked for token buybacks, the HYPE token’s price floor has gained further strength.

The fully diluted valuation (FDV) now stands at $42.05 billion, making HYPE one of the most valuable DeFi assets by market cap.

These metrics point to a deepening user base and growing institutional trust.

With sustained open interest, high daily activity, and whale support, Hyperliquid is positioning itself as more than just another token rally — it’s becoming a major infrastructure layer within the DeFi ecosystem.

The post Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL appeared first on CoinJournal.

Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL

Source: https://coinjournal.net/news/hype-coin-breaks-42-again-as-hyperliquid-hits-1-73b-tvl/