$HYPE This market move has totally left traders in a daze.

Spot ETFs saw a net inflow of $25.46 million yesterday, marking the highest daily inflow since launch. THYP and BHYP have been on a seven-day rally.

Prices shot past $57, inching close to an all-time high, with FDV climbing to $54.1 billion, surpassing Solana.

What we’re witnessing is a classic short squeeze, with negative funding rates flipping. Institutions are in full buy mode: Grayscale scooped up 510,000 HYPE, around $25 million; a16z also withdrew 44,500 from exchanges, showing solid institutional confidence.

This surge is fueled by ETF capital, institutional accumulation, and a short squeeze, a triple buff that’s sending HYPE to the moon.

#hype #Hyperliquid $SOL

$HYPE

HYPE
HYPEUSDT
73.13
+1.82%
SOL
SOLUSDT
80.66
-2.02%