Institutions are Buying Hyperliquid as HYPE Records 15% Weekly Plunge

Quick Summary:

The broader crypto market had a slow start for 2025, contrary to the short bull run we witnessed in December 2024.

While Bitcoin is trading at the usual $94K price level, Ether hasn’t yet recorded any significant price surge, trading at $3.3K.

The institutional investment included a total purchase of 342,845 HYPE, spending $7.22 million.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab Emirates

Topics: Price drop HYPE Hyperliquid Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 13:54:22 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 368 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 25045095

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 40 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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