Hyperliquid: Burns $2.42M HYPE in 24 Hours

Hyperliquid bought and burned 26.31K HYPE tokens worth $2.42M at a $91.86 VWAP over the last 24 hours, bringing cumulative burns to 48.76M HYPE or 4.88% of max supply valued at $4.50B.

Revenue reached $64.34M in the past 30 days and $1.26B lifetime. On the 4h chart HYPE trades at $92.41 inside the Bollinger band with price testing upper resistance at $97.84 while RSI(14) sits at 77.49 overbought and MACD confirms the golden cross; the 50-EMA at $84.06 now acts as the key macro support before any continuation higher, tightening the bullish structure against the 200-EMA at $76.83.