Binance Reopens HYPE Withdrawals, but a $33M Whale Short Bets Against the Token

Three Things to Know Binance reopened HYPE withdrawals as part of its phased recovery from an October security breach. HYPE has slipped under its 50-day average, and momentum gauges still favor sellers. The 200-day average is the line that decides whether the longer uptrend survives. Binance has restored HYPE withdrawals, ending a pause that followed a security breach at the exchange. The timing is awkward for bulls. Money is leaving the Hyperliquid vault, ETF flows have turned negative and a large whale is betting on further losses. Traders now want to know whether long-term support can absorb that selling. Binance Restores HYPE Access as Outflows Pile Up Binance restored withdrawals for HYPE and APT on Nov 8.

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