Hyperliquid (HYPE) Volatility Might Surge as the Biggest Exchange Still Limits Withdrawals

Binance has announced the second round of withdrawal reopenings, but Hyperliquid's HYPE token remains missing from the list, leaving holders unable to withdraw the asset for eight consecutive days, broadly speaking. On November 6, Binance published its 9th recovery update, verifying that withdrawals for more cryptocurrencies would begin reopening at 04:00 UTC, broadly speaking; the announcement covers dozens of assets across the nine blockchain networks, which includes BNB Smart Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, Avalanche, Tron and Sui. HYPE, currently the 11th-largest cryptocurrency by market capitalization, was not included in the latest withdrawal recovery plan, which raised concerns among investors.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to U.Today.