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via Decrypt · By Decrypt Editorial

Wall Street Is Coming for Hyperliquid's Perps Crown, Arthur Hayes Says

HYPE

HYPE/USDT

$70.436
+2.09%
24h Volume

$708,664,161.51

24h H/L

$72.65 / $68.52

Change: $4.13 (6.03%)

Funding Rate

+0.0054%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$70.53

-1.15%

Volume (24h): -

Resistance Levels
Resistance 3$88.5427
Resistance 2$75.1683
Resistance 1$72.1636
Price$70.53
Support 1$68.1733
Support 2$64.915
Support 3$58.6275
Pivot (PP):$70.9867
Trend:Uptrend
RSI (14):57.8
DE
Decrypt Editorial
(03:48 PM UTC)
1 min read
EW
Updated byEmily Watson
1148 views
0 comments

In brief

  • Arthur Hayes warned that Hyperliquid's use of trading fees to burn tokens exposes the protocol to market share losses.
  • Less than two months after predicting HYPE would hit $150, BitMEX co-founder Arthur Hayes liquidated his entire position.
  • Despite Hyperliquid securing $3 billion in real-world asset open interest, Hayes anticipates fierce competition from Wall Street.

Hyperliquid has…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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