Hyperliquid (HYPE) Nears $40: Will HYPE Extend Its Momentum Into November? Powerful Positive

Hyperliquid (HYPE) Nears $40: Will HYPE Extend Its Momentum Into November? Powerful Positive

Hyperliquid (HYPE) signals weak market momentum and a sideways-to-bearish phase, with a bearish MACD crossover, RSI near 45, and low ADX (17.19). The price is moving in a bearish trend and is currently testing a resistance level near $40.08. HYPE hovers near $40, but weak momentum and resistance around $41 suggest a consolidation phase before any breakout. The Hyperliquid token (HYPE), which is the native token of one of the fastest-growing dece…

Paradigm Named Largest HYPE Holder With 19.1M Tokens Across 19 Wallets

On-chain data shows Paradigm holds 19.14M HYPE, or 1.91% of total supply and 5.73% of HYPE in circulation The HYPE position is split across 19 addresses and includes 14.7M HYPE staked and 3M HYPE sent to HyperEVM tied to Sonnet Analysts see Paradigm’s size as supportive for liquidity, but also as a concentration that could pressure HYPE if sold too fast Paradigm, the institutional liquidity network for crypto derivatives, is being identified on-…