Hyperliquid: why HYPE is up 13 percent while Binance pauses withdrawals

15 hours ago 5

Rommie Analytics

The HYPE price stands at $89.42, around 13 percent above its level 24 hours ago, while bitcoin has lost 4.1 percent and ether 5.3 percent. The reason lies not in the token itself but in the trading venue behind it: Binance halted deposits and withdrawals overnight, and trading volume on the perpetuals exchange Hyperliquid has risen to $15.0 billion in 24 hours. This article sets out what is established, what remains open and what matters for you as an investor in Germany.

HYPE rises 13 percent while bitcoin and ether slip

The price move can be read in two places, and the figures differ slightly. According to CoinGecko market data, HYPE is at $89.42, 13.2 percent higher than 24 hours earlier. Measured against the previous day's close, which the exchange itself uses as its reference, the gain is 13.4 percent, starting from $78.74. Both figures are deliberately shown side by side here rather than merged into one neat number: exchanges and data providers set the daily cut-off at different points, and the two-tenths difference is precisely that.

Over a week, the gain is 18.3 percent. HYPE's market capitalisation is $21.4 billion...

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