Markets
Hyperliquid drops 4% as whales take $5 million profit
CoinJournal·November 6, 2026·1 min read
Hyperliquid (HYPE) fell 4% to about $78 on Friday, extending its pullback. Four large whale wallets realized a combined $5 million in profits after closing HYPE positions, according to Santiment. Hyperliquid Strategies (PURR) applied for FCM registration to support regulated perpetual futures for US customers.
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