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Hyperliquid burns $4B in HYPE tokens, reducing supply by nearly 5%
Crypto Briefing·October 29, 2026·1 min read
Hyperliquid burned $4 billion in HYPE tokens, reducing supply by nearly 5%. The burn may enhance scarcity and potentially boost HYPE's value, but market confidence in reaching $100 by year-end remains low. The move is a significant supply-side event for the token.
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