HYPE surges 15% as trading volume jumps 680%, nears $100 resistance

Hyperliquid (HYPE) experienced a dramatic increase in trading activity, with overall volume soaring more than 680% across leading cryptocurrency exchanges. This surge in volume coincided with a swift price rebound, pushing HYPE’s value above $91 and drawing renewed interest from market participants. CoinGlass data indicates that HYPE is currently trading near $91.41, reflecting a gain of 15.22% in the past 24 hours. Futures trading volume has reached $13.47 billion, while spot trading volume stands at approximately $1 billion. Binance was the most active exchange for HYPE, recording $3.89 billion in daily volume, an increase of 789.13%. Hyperliquid’s native exchange followed with $3.06 billion in trading volume after a 738.72% rise. Open interest has climbed to $4.02 billion, suggesting significant participation in the derivatives markets.

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