Hyperliquid: Burns $3.26M HYPE in 24 Hours
Hyperliquid burns 34.28K HYPE for $3.26M at $95.25 VWAP; lifetime total hits 48.89M tokens worth $4.51B with $60.58M monthly revenue.
SourceAnalysis
Hyperliquid bought and burned 34.28K $HYPE (~$3.26M) over the past 24 hours at a $95.25 VWAP, pushing lifetime burns to 48.89M tokens valued at $4.51B and removing 4.89% of max supply while generating $60.58M in revenue over the past 30 days.
Price sits at $93.38 inside the Bollinger band with upper resistance at $97.49 and lower support at $91.43; the EMA50 at $90.49 continues to act as concrete support above the EMA200 at $80.52 while RSI at 50.98 stays neutral and the MACD death cross at 1.4 signals short-term momentum caution, pointing to a likely consolidation near the 50-EMA before any push toward upper-band targets in ongoing HYPE price prediction scenarios.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses