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TronWeekly

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Panic Hits HYPE as Price Tanks and Hyperliquid Liquidity Dries Up

  • The price of HYPE has fallen by 10.68% in 7 days and 67% from its record high of $35.20, due to increasing bearish market pressure.
  • Hyperliquid is experiencing liquidity problems, causing difficulties for traders to execute orders without significant price shifts.
  • 69% of traders expect further price declines and have low confidence in a price rebound, creating a largely bearish market sentiment.
  • HYPE and Hyperliquid are in a delicate state, and traders are anxiously awaiting the future direction of the market.

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