Hyperliquid: USDC Deposits Surpass $8 Billion
Hyperliquid native USDC deposits top $8 billion, unlocking 700k+ daily buybacks via Circle deal for HYPE amid $67.18 price action.
SourceAnalysis
Hyperliquid native has now surpassed $8 billion in USDC, unlocking substantial future yield from the Circle partnership for AQAv2-driven AF buybacks that could add over 700k daily on top of existing flows assuming zero further growth.
Big dips remain prime entry zones for the winners. Senior macro traders note that HYPE at $67.18 trades against a bullish structure with EMA50 support at $58.96 and EMA200 at $50.21. Price is testing upper Bollinger resistance at $66.2 while MACD holds a golden cross at 1.21 and RSI sits neutral at 67.72, pointing to healthy continuation after any retracement to the 50-EMA. This setup refines HYPE price prediction models and helps investors navigate crypto market crash scenarios by focusing on protocol revenue strength rather than macro noise.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.