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HYPE rallies 60% on staking flows and balance-sheet buying — but can it last?

Hyperliquid’s HYPE token gained 60% amid heavy staking and balance-sheet accumulation, even as open interest and perpetual volumes remained largely flat.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

HYPE rallies 60% on staking flows and balance-sheet buying — but can it last?

Hyperliquid’s HYPE token gained 60% amid heavy staking and balance-sheet accumulation, even as open interest and perpetual volumes remained largely flat.

Why this matters

Hyperliquid is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

Original source

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