In the past 7 days, the cumulative net selling pressure of HYPE on Hyperliquid reached $663 million, and the market capitalization of HYPE evaporated by $5.3 billion.

On September 25, according to mlm monitoring, a net sell of 283 million USD was observed in HYPE Spot over the past 7 days, and a net sell of 380 million USD was recorded in HYPE Perptual Futures (perps), resulting in a total net selling pressure of 663 million USD on Hyperliquid. This caused the price to fall by about 30%, evaporating approximately 17.5 billion USD in Fully Diluted Valuation (FDV) and 5.3 billion USD in market capitalization.

HYPE-7.67%
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