Hyperliquid price drops as tokenization focus shifts
Hyperliquid (HYPE)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Hyperliquid (HYPE) faces intense selling pressure, declining nearly 2% on Tuesday after losing over 5% the previous day. Institutional demand for HYPE continues to fluctuate, risking a net-negative monthly flow in September. The technical outlook for HYPE warns of deeper loss as market focus shifts to tokenization.
How the market reacted
Whalio's own Binance spot order flow for HYPE, measured when this story was written up on 29 September 2026. Not the outlet's figures.
HYPE is trading at $87.52, with a 1-hour buy ratio of 37.7% indicating immediate selling pressure, while the 4-hour ratio sits at 60.5%, suggesting buying pressure is building over a slightly longer timeframe. The 24-hour buy ratio is 51.3%, showing a near-even split in the last day. Volume delta is negative -$173,416 in the last hour, meaning more money flowed out than in, but positive +$949,899 over 4 hours, indicating net buying in that window. The 24-hour volume delta is +$668,282, and cumulative volume delta closed at +$1,804,935, showing net buying over the full day despite the recent hourly dip.
Was that an ordinary day?
The same Binance spot measurements for HYPE, averaged over the days leading up to the story.
Over the preceding week, the 4-day average buy ratio was 47.7%, and today's 24-hour ratio of 51.3% is +3.6 points above that average. Volume was 1.54x the average, making this an unusually active day compared to the norm. However, the 5-day price change was -5.0%, and the total volume delta for the week was -$1,975,298, showing net outflows over the longer period. Only 1 of the last 4 days saw net buying, contrasting with today's positive 24-hour delta.