Hyperliquid (HYPE) is facing significant downward pressure following reports of major whals unstaking and transferring tokens to exchanges. Losing a key support at $58 could trigger a 14% drop.
Multicoin Capital unstaked 1.96 million HYPE worth $120 million and sold 395,570 HYPE worth $23.78 million.
Bridge flow data from Artemis shows Hyperliquid posted the largest net capital inflow among major blockchains over the past week, highlighting a fresh shift in cross-chain liquidity even as Arbitrum recorded the sharpest net outflow. As of 12:36 p.m.
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Hyperliquid (HYPE) price rises as Hyperliquid plans HIP-4 prediction markets with a 500,000 HYPE stake and a target of $77 breakout.
Hyperliquid launched its HIP-4 upgrade for permissionless markets, requiring a 500K HYPE stake. Price at $100 by December 31, 2026, at 29.5% YES.
Hyperliquid allows prediction markets with $30M HYPE stake and no validator approval. HYPE reaching $100 by December 31, 2026 at 29% YES.
The plan would end validator-gated listings, requiring deployers to lock about $30 million in tokens while letting them keep up to half the trading fees.
Hyperliquid's HIP-4 upgrade enables permissionless prediction markets with 500,000 HYPE staking requirement, already hitting $80M daily volume. Hyperliquid set to reshape prediction markets with HIP-4 deployments.
Hyperliquid told users on July 19 that its outcome markets product, known as HIP-4, will move to permissionless deployment in a coming network upgrade. The announcement came through the exchange's Telegram channel. Hyperliquid said the rollout will happen in two stages.
HIP-4 will let qualified users create prediction markets from validator-approved templates, launching first on testnet and later on Hyperliquid's mainnet for broader access. Deployers must stake 500,000 HYPE for six months, with slashing possible for poorly defined, incorrectly settled, or unresolved markets under the applicable template.
Hyperliquid plans to allow external operators to create prediction markets on its blockchain, widening its challenge to Polymarket while requiring prospective deployers to put nearly $32 million of its native token at risk. The proposed HIP-4 upgrade would require each deployer to stake 500,000 HYPE, worth about $31.7 million at Monday's token price.