HYPE briefly broke through $49.7, with a 24-hour rise of 12.88%

On August 27, according to CEX market data, HYPE briefly broke through $49.7, now falling back to $48.5, with a 24-hour rise of 12.88%. Market capitalization rose to $16.241 billion. Earlier today, XPL surged by 200% on Hyperliquid, with a certain Whale going long and 'clearing' the order book, earning $16 million in just 1 minute. During the same period, HLP earned about $47,000 during the XPL fluctuations, having previously lost nearly $12 million due to JELLY fluctuations.

HYPE12.37%
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