Hyperliquid burned over 21,000 HYPE tokens in the past 24 hours, valued at approximately $1.66 million.
BlockBeats news, November 7th, according to Onchain Lens monitoring, Hyperliquid has cumulatively repurchased and burned 21,040 HYPE tokens in the past 24 hours. At an average price of $78.90, the total value is approximately $1.66 million.
This is the ultimate battleground where a 50x leverage whale frequently appears, causing billion-dollar contract liquidations and gains/losses of millions of dollars.