{"id":42136,"date":"2025-08-14T09:16:52","date_gmt":"2025-08-14T09:16:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42136"},"modified":"2025-08-14T09:16:52","modified_gmt":"2025-08-14T09:16:52","slug":"why-is-hypes-price-up-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42136","title":{"rendered":"Why Is HYPE\u2019s Price Up Today?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">HYPE rebounds from $34 to $47, with $50 as the next key resistance level to watch.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Open interest climbs 5% to $2.02B as traders position for a potential breakout.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Network leads in fees, funding consistent buybacks that add steady demand to the market.<\/span><\/li>\n<\/ul>\n<h2><b>Price Nears Previous Peak<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Hyperliquid (HYPE) is changing hands at $47, edging closer to its record level around $50. The token has recovered from the $34\u2013$35 range, where it traded after a drop of roughly 20% earlier this month. It has since moved past the $44.70 area, which may act as support in the short term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market watcher McKenna said the <\/span><a href=\"https:\/\/cryptopotato.com\/hyperliquid-hype-price-predictions-for-this-week-2\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">move<\/span><\/a><span style=\"font-weight: 400;\"> higher has been <\/span><i><span style=\"font-weight: 400;\">\u201cled by spot buying\u201d<\/span><\/i><span style=\"font-weight: 400;\"> with strong absorption from the AF. With the AF ratio above 5%, they believe selling pressure has eased. The analyst also pointed to supply sitting above $50, but expects <\/span><i><span style=\"font-weight: 400;\">\u201cmore than $5 million per day in buybacks\u201d <\/span><\/i><span style=\"font-weight: 400;\">to absorb it in the weeks ahead.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$HYPE<\/a> now approaching all time highs whilst open interest had a substantial wipeout.<\/p>\n<p>Move up has been primarily driven by spot buying and absorption from the AF with AF ratio &gt;5% indicating exhausted sellers.<\/p>\n<p>Orderbook above $50 definitely has supply sitting there but new wave\u2026 <a href=\"https:\/\/t.co\/grdO2loT4K\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/grdO2loT4K<\/a><\/p>\n<p>\u2014 McKenna (@Crypto_McKenna) <a href=\"https:\/\/twitter.com\/Crypto_McKenna\/status\/1955621276262728155?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Positioning in Futures Markets<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The decline earlier in August saw open interest fall by about 12%, equal to 4.8 million HYPE, as leveraged positions were cut back. Current figures remain below the highs seen before that drop.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Coinglass, open interest has since risen 5% to $2.02 billion. The increase has come alongside the recent price rally, suggesting traders are opening new positions ahead of a potential break through $50.<\/span><\/p>\n<figure id=\"attachment_408552\" aria-describedby=\"caption-attachment-408552\" style=\"width: 2482px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-408552\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44.png\" alt=\"HYPE open interest\" width=\"2482\" height=\"626\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44.png 2482w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-300x76.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-1024x258.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-768x194.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-1536x387.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-2048x517.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-14-at-12.08.44-50x13.png 50w\" sizes=\"auto, (max-width: 2482px) 100vw, 2482px\"><\/a><figcaption id=\"caption-attachment-408552\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<h2><b>Volume Growth and Market Balance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Trading volume over the past day is up 19% to $2.59 billion. Activity has been steady on the buy side, while funding rates remain near neutral across major exchanges, showing no strong bias toward long or short positions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">McKenna noted that the rally has been built on spot market flows rather than heavy use of leverage, which often results in more durable price moves.<\/span><\/p>\n<h2><b>Network Activity and Analyst Outlook<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Crypto Aman reported that Hyperliquid has <\/span><a href=\"https:\/\/cryptopotato.com\/hyperliquid-crushes-the-competition-with-97-7m-in-fees-35-of-all-blockchain-fee-revenue\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">generated<\/span><\/a><span style=\"font-weight: 400;\"> more fees than any other network over the past month, with a share of this revenue allocated to HYPE buybacks. This program continues to add consistent demand for the token.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Hyperliquid topped all networks in fees generated over the past 30 days, allocating part of the revenue to <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$HYPE<\/a> buybacks.<\/p>\n<p>Are you holding <a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$HYPE<\/a>? <a href=\"https:\/\/t.co\/MBrhQBuJPZ\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/MBrhQBuJPZ<\/a><\/p>\n<p>\u2014 Crypto Aman (@cryptoamanclub) <a href=\"https:\/\/twitter.com\/cryptoamanclub\/status\/1955676245460660592?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Analyst Rand <\/span><a href=\"https:\/\/x.com\/crypto_rand\/status\/1955674307163779453\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">suggested<\/span><\/a><span style=\"font-weight: 400;\"> that <\/span><i><span style=\"font-weight: 400;\">\u201c$100 could be in play in the coming months\u201d<\/span><\/i><span style=\"font-weight: 400;\"> if current conditions hold. A move through $50 would place HYPE in new territory with little historical resistance.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/why-is-hypes-price-up-today\/\">Why Is HYPE\u2019s Price Up Today?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR HYPE rebounds from $34 to $47, with $50 as the next key resistance level to watch. Open interest climbs 5% to $2.02B as traders position for a potential breakout. Network leads in fees, funding consistent buybacks that add steady demand to the market. Price Nears Previous Peak Hyperliquid (HYPE) is changing hands at $47, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42136","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42136"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42136\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}