Hyperliquid burns $1.28M HYPE as price corrects โ€“ Is $60 next?

NewsSat, 08 Aug 2026 07:00:20 UTC1 hour ago
Hyperliquid burned $1.28 million worth of HYPE over the past 24 hours, taking lifetime burns to $2.68 billion. With circulating turnover falling to 2.9%, traders are watching whether shrinking supply can fuel a price reversal.
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