In the past 7 days, the cumulative net selling pressure of HYPE on Hyperliquid reached $663 million, and the market capitalization of HYPE evaporated by $5.3 billion.
According to BlockBeats news on September 25, monitoring by mlm observed a net sell of 283 million USD in HYPE Spot over the past 7 days, with a net sell of 380 million USD in HYPE Perptual Futures (perps), totaling a net selling pressure of 663 million USD on Hyperliquid. This caused the price to fall by about 30%, evaporating approximately 17.5 billion USD in Fully Diluted Valuation (FDV) and 5.3 billion USD in market capitalization.
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In the past 7 days, the cumulative net selling pressure of HYPE on Hyperliquid reached $663 million, and the market capitalization of HYPE evaporated by $5.3 billion.
According to BlockBeats news on September 25, monitoring by mlm observed a net sell of 283 million USD in HYPE Spot over the past 7 days, with a net sell of 380 million USD in HYPE Perptual Futures (perps), totaling a net selling pressure of 663 million USD on Hyperliquid. This caused the price to fall by about 30%, evaporating approximately 17.5 billion USD in Fully Diluted Valuation (FDV) and 5.3 billion USD in market capitalization.