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🔥HYPE rebounds 108% from this year's low, on-chain data diverges from price trend
According to Cointelegraph, Hyperliquid's native token HYPE retested $45 on Tuesday, reaching the highest level since October 31, 2025. This rebound has increased by 108% from the annual low of $21 on January 21. Spot cumulative volume delta (CVD) has fallen to -41.48 million USD, diverging from the price increase, indicating that the rally is mainly driven by passive demand rather than aggressive spot buying. Futures CVD has remained around -748 million USD for nearly a month, and although open interest (OI) has risen to 1.38 billion USD, the weak futures CVD suggests traders are…
#hype