The post Hyperliquid Shows Signs of Leverage Overheating—Is a Short-Term Flush Needed Before it Targets $100? appeared first on Coinpedia Fintech News
Hyperliquid has continued to expand considerably, reaching new highs at $62.14 during the previous trading day. The trading volume also doubled to $1.58 billion, signifying the rise in the traders’ participation. At the same time, the speculative activity across the derivative market has accelerated rapidly, which has pushed the Open Interest to new highs. Despite …