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Hyperliquid (HYPE) Drops Nearly 10% After $6.48M Whale Sell-Off

COINOTAG·July 17, 2026·1 min read
Hyperliquid (HYPE) Drops Nearly 10% After $6.48M Whale Sell-Off

Hyperliquid's native token HYPE dropped nearly 10% in 24 hours after on-chain data revealed a large, coordinated sell-off from a wallet reportedly tied to venture firm Andreessen Horowitz. The sell-off amounted to $6.48 million, triggering a sharp decline in the token's price.

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