The token of decentralized ecosystem Hyperliquid (HYPE) has set a new all-time high, not against the dollar, but in a pair against shares of the largest U.S. crypto exchange Coinbase, reaching 0.2514 HYPE per COIN share, according to the TradingView chart.
Hyperliquid's HYPE token is trading around $40.3 on April 10, 2026, up roughly 3.9% in 24 hours and about 10% week‑on‑week after rebounding from early April lows near $35.6.
The Hyperliquid price has surged notably by more than 5.5%, reaching $41.22, while the volume has decreased to some extent. Fundamental demand drivers, rather than mere speculation, appear to fuel this move. The Hyperliquid Assistance Fund acquired 45,000 HYPE for $1.8 million at an average of $39.
A whale deposited $5M USDC on Hyperliquid and deployed $2.39M into HYPE, signaling accumulation and potential upside as larger players add exposure.
A whale deposited $5 million on Hyperliquid and purchased 59.2k HYPE worth $2.3 million.
Due to obvious whale-driven accumulation taking place behind the scenes, Hyperliquid's native token HYPE is once again relevant. Whales are positioning for a continuation rather than an exit, despite the fact that the price has already demonstrated a strong recovery from local lows.
Oil perpetual futures pushed to new volume records in the past day. HIP-3 activity is partly due to whales attempting to benefit from the April 14 rollover of the front-month futures.
HYPE exits descending channel as bullish pressure builds, with traders watching key resistance and support zones closely.
This Wednesday, a massive wave of liquidations swept through Hyperliquid traders after benchmark oil prices collapsed following President Trump's announcement of a cessation of hostilities with Iran. Data from Allium reveals that 3,000 users speculating on Brent and WTI crude saw their positions forcibly closed, accumulating losses of $79.7 million.
A whale wallet tied to pseudonymous trader “Techno Revenant” has just unstaked roughly 2.4 million HYPE tokens after a six‑month lock-up, freeing an estimated $93.
Brent crude oil prices were on track for their biggest daily decline since the start of the COVID-19 pandemic in early 2020.
Hyperbeat launched Liquid Banking, a non-custodial financial layer built on the Hyperliquid blockchain that unifies and provides trading, savings, payments and fiat access services within a single on-chain account. The system was developed in partnership with Paxos Labs, whose stablecoin infrastructure backs the native stablecoin beatUSD, and with Noah, a global provider of fiat on and off-ramps.