Aave Approaches Key Support Level Amid Whale Sell-Off in Hyperliquid
Aave's price tests its 200-day EMA at $126 after a significant sell-off in Hyperliquid tokens.
Aave's price tests its 200-day EMA at $126 after a significant sell-off in Hyperliquid tokens. Hyperliquid (HYPE) is trading at ₹8,333 ($87.67), down 0.4% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sun, 01 Nov 2026 18:30:01 UTC.
The whale sell-off in Hyperliquid and Aave's approach to its 200-day EMA could indicate short-term market sentiment shifts and potential buying opportunities for investors watching these key support levels.
- Whales sold $109M in HYPE after ICE's perps plan revision.
- Aave's price nears its 200-day EMA at $126, indicating oversold conditions.
- Hyperliquid TVL rose 11.5% to $1.93B despite the sell-off.
- Hyperliquid Whale Loses $9M on Bitcoin, Shifts to Tesla Bets
- Whale Alert Detects $133M USDC Transfer from Aave to Unknown Wallet
- Whale Alert Reports $134M USDC Transfer from Aave to Unknown Wallet
- Hyperliquid's HYPE Token Recovers to $78.56 After Finding Support at $75
- Hyperliquid Approaches $100 Amid ICE Partnership Buzz
- AAVE Faces Critical $113 Support Test Amid Market Downturn
- Aave Approaches Key Support Level Amid Whale Sell-Off in Hyperliquid — this brief
The crypto market witnessed a significant sell-off as two whales offloaded approximately $109 million worth of 
Hyperliquid (HYPE) tokens. This move came after ICE revised its plans for perpetual futures, which likely influenced market sentiment.
Aave's price has been declining and is now approaching its 200-day EMA at around $126, a level that is often considered a critical support point. The token is currently trading at $136.4, indicating potential oversold conditions.
Despite the sell-off in HYPE, Hyperliquid's Total Value Locked (TVL) has shown resilience, increasing by 11.5% over the past week to $1.93 billion, according to DeFiLlama. In contrast, Aave's TVL dropped by 7.3% to $16.4 billion during the same period.
The broader crypto market remains relatively flat, with a total market cap of $2.69 trillion. 
Bitcoin's slight 24-hour gain of 0.74% and a Fear & Greed index of 34 suggest a cautious market environment.
Investors will be watching Aave's 200-day EMA at $126 closely, as a sustained break below this level could signal further downside. Conversely, a bounce from this support could present a buying opportunity.
Since this brief published about 11 hours ago, Hyperliquid (HYPE) has moved from ₹8,364.41$88.00 to ₹8,333.04$87.67 — -0.38%.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₹9,328.96 (about $87.67), down 0.4% over 24 hours. The rupee itself trades about 12.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Aave Approaches Key Support Level Amid Whale Sell-Off in Hyp — questions & answers
What caused the sell-off in Hyperliquid tokens?
The sell-off was triggered by two whales after ICE revised its perpetual futures plan.
Why is Aave's 200-day EMA significant?
The 200-day EMA is a key technical indicator that often acts as a support or resistance level, influencing short-term price movements.
How has Hyperliquid's TVL been affected?
Hyperliquid's TVL increased by 11.5% to $1.93 billion, indicating resilience despite the token sell-off.
How much is 1 Hyperliquid worth in rupee today?
About ₹9,328.96 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $87.67. The rupee price moves with both HYPE's US-dollar price and the USDT/INR rate; use our Hyperliquid in rupee page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is down 0.38% since this brief first published — trading at ₹8,333 ($87.67) now versus ₹8,364 ($88.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.