HYPE is Mooning, Showing Strong Hands During Market Dip

BlockBeats News, February 6th, according to Coinglass data, the total network liquidation of HYPE token in the past 4 hours was only $8.43 million, with $5.46 million in long liquidations.

During this round of market crash, the HYPE token price showed strength, with Bitcoin plunging from $79,000 to $60,000, a 24% drop in 3 days. Meanwhile, HYPE bucked the trend with a 5% increase, showing a "smaller drop, quicker price rebound" characteristic in its price action.