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Altcoins & DeFi

Hyperliquid (HYPE) Price: HYPE Tests $75 Support as ETF Outflows Rise

Image: CoinCentral

TLDR HYPE trades near $75.79, about 22% below its Sept. 23 all-time high of $97.96. The key support zone sits at $74-$76, with the rising trendline near $70-$72 below it. U.S. spot Hyperliquid ETFs saw outflows last week, but still hold about $390 million in net assets. The protocol made $64.5 million in revenue over 30 days, and most of it goes to HYPE buybacks. A core-contributor unlock of about 9.92 million HYPE is due Nov. 6. Hyperliquid (HYPE) is trading around $75.79 on the Oct. 25 daily chart. The token has kept falling from its September record high near $98. HYPE opened near $76.59 and reached $76.81 before dropping to $75.64.

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