HYPE Hits $41.50 ATH, Breaks $17.8M Sell Wall, Hyperliquid Fund Tops $1B

24 posts • GPT (4.1)

Updated Jun 10, 2025, 01:53 PM

The cryptocurrency HYPE, associated with the Hyperliquid decentralized exchange, reached an all-time high above $40, with the latest reported peak at $41.50. This followed the token breaking through significant sell walls, including $17.8 million and $14 million barriers at the $40 mark.

Hyperliquid's Assistance Fund now holds over $1 billion in HYPE, having purchased 24.326 million tokens at an average price of $14.07. The fund's total cost basis is $342 million, with profits exceeding $650 million. The fund is reportedly supported by 97% of the exchange's revenue being used for buybacks.

Notable individual traders have reported substantial gains. For example, Huang Licheng purchased 200,000 HYPE at $29.4 in May and used 5x leverage to go long on an additional 650,000 HYPE at an average entry of $35.6, now showing a floating profit of $6.5 million.

HYPE's fully diluted valuation has reached $90 million, and the token is up 45% on the day. The rise in HYPE's price is noted to have positive implications for related projects and platforms, including Hyperlend, Felix, KittenSwap, and HypurrNFT, all part of the Hyperliquid ecosystem.

More breaking stories on DeepNewz — updated live.

#Hyperliquid #HYPE #Huang Licheng #Hyperlend #Felix #KittenSwap #HypurrNFT

Related Prediction Markets

Will Hyperliquid hit $50 in 2025?

Will Hyperliquid hit $100 in 2025?

Hyperliquid all time high before August?

Hyperliquid airdop by ....?

Pump.fun market cap (FDV) above... one day after launch?

Another crypto hack over $100m in 2025?

Pump.fun market cap (FDV) one day after launch?

•

Sources

twitter.com(2)hypurrscan.io

Tutor

@cryptotutor

$HYPE at $41 keeps giving hyperliquid.

Ivan on Tech 🍳Cooking @ Moralis

@IvanOnTech

$HYPE BREAKING OUT!!! Money Line turned bullish at around $14 Then bearish and protected you from big loss NOW BULISH AGAIN AND WE ARE PUSHING $50 NEXT FOR $HYPE!!