HOLOHYPE narxiHYPE

COINOTAG News, December 26, citing Hyperinsight, notes that an approaching, sizable options expiration is drawing market attention amid the crypto landscape. The trader nicknamed buddy added 525 ETH of long exposure in nearly 16 hours and closed BTC long positions, per Hyperinsight monitoring. As of the latest update, the buddy maintains a pair of concentrated longs: ETH at 25x leverage with a position size of 8000 ETH and a liquidation price near $2870; and HYPE at 10x with a position size of 8000 HYPE.

BlockBeats News, December 26th, according to Hyperinsight monitoring, approaching a record options expiry, the "buddy" added 525 ETH long positions in nearly 16 hours and closed a BTC long position. As of the time of writing, their holdings are as follows: Ethereum 25x long, with a position size of 8000 ETH, liquidation price at $2870; HYPE 10x long, with a position size of 8000 HYPE tokens.

🚨 LATEST: Despite recent FUD, $HYPE is leading the perp DEX market with 7x more open interest than Lighter, according to CryptoRank. Lower turnover paired with this strong open interest suggests the activity is more organic not just speculative hype.

COINOTAG News, citing official sources on December 26, reports that the Hyperliquid Foundation has officially burned HYPE tokens from the Reserve Fund System address, equaling 11.068% of the circulating supply. The accompanying governance vote leveraged a stake-weight based mechanism; results showed 85% of staked votes in favor of the burn, with 7% against and 8% abstaining. This action underscores tokenomics discipline and governance transparency, as the burn reduces available supply and demonstrates a commitment to long-term value, aligning holder interests and market expectations.