HYPE Surges Above $57 as Short Squeeze Pushes it 2% Away From ATH
Deeply negative funding rates failed to cool HYPE, turning crowded bearish bets into fuel for a 17% rally. Hyperliquid’s HYPE token climbed above $57 on Thursday, just eight months after its last visit to those levels, as a wave of short liquidations and ETF-driven buying pushed the token within 2% of its all-time high near...
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