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Hyperliquid (HYPE) Gains 4.77% in an Hour as $370,000 in Short Positions Are Liquidated

The one-hour tally covered Binance, Bybit and OKX, with no long liquidations recorded. As of 10:46 UTC, HYPE was $81.81, down 0.26% over 24 hours.

Updated 1 min read
A restrained market graphic depicts HYPE trading activity on Binance’s global spot market. / TokenPost.ai (mono)
A restrained market graphic depicts HYPE trading activity on Binance’s global spot market. / TokenPost.ai (mono)

Hyperliquid (HYPE) rose 4.77% on Binance in the hour to 6:34 a.m. ET Thursday, while short liquidations across three exchanges reached $370,000, with none recorded for long positions.

Binance’s HYPE/USDT quote moved from $79.11 at the hour’s start to $82.88 at 6:34 a.m. ET (10:34 UTC), a $3.77 rise and a 4.77% increase.

The three-exchange tally showed $370,000 in liquidations on the short side and none on the long side during that hour. The price series is from Binance’s spot market, while the liquidation tally combines activity on all three exchanges.

At the 10:34 UTC observation, HYPE’s 24-hour change was up 0.74%, a separate measure covering a longer period than the hourly comparison. The market snapshot at that time ranked it 11th among crypto assets, with an estimated market capitalization of about $18.97 billion.

As of 10:46 UTC, HYPE was at $81.81, down 0.26% over 24 hours.

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