Hyperliquid has remained resilient above key support levels despite broader crypto market weakness, with traders closely watching price stability following a $340 million token unlock event.
Hyperliquid’s price remained resilient despite broader cryptocurrency market weakness, holding above key support levels even after a $340 million token unlock. The token gained 2.9% on the day and traded around $34.80, showing relative strength compared with the wider market downturn. The price action suggests continued buying support and sustained demand despite the added circulating supply pressure from the unlock.