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HYPE revisits $76 as weekly decline puts key support in focus

Hyperliquid is testing the $76 area after a 12% weekly fall, with traders watching nearby support and a large Wintermute short.

Hyperliquid is testing the $76 area after a 12% weekly fall, with traders watching nearby support and a large Wintermute short. Hyperliquid (HYPE) is trading at ₹7,135 ($75.81), down 1.2% 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, 08 Nov 2026 21:45:01 UTC.

Why it matters

HYPE’s position below its 50-day average and near reported support could affect near-term price direction, while Wintermute’s short and falling protocol TVL add weight to the bearish setup.

Key takeaways
  • HYPE trades at $76.76 after a 12.11% weekly decline.
  • Crypto Daily identifies $74.45 as the nearby support level.
  • HYPE remains below its 50-day moving average.
  • Hyperliquid TVL stands at $1.79B, down 5.6% over seven days.
The story so far · 5 briefs
  1. Hyperliquid's HYPE Token Recovers to $78.56 After Finding Support at $75
  2. AAVE Holds Its Rebound as HYPE Tests $76 Support
  3. Raydium Breakout Puts $1.62 Support and $2.17 in Focus
  4. Large ETH Accumulation Puts Ethereum’s $2,200 Support Area in Focus
  5. HYPE revisits $76 as weekly decline puts key support in focus — this brief

Hyperliquid’s HYPE token is back near the $76 area, trading at $76.76 at the time of the market snapshot. The token is down 0.86% over 24 hours and 12.11% over seven days, extending the roughly 12% weekly decline highlighted by Crypto Daily. Crypto Daily reports that HYPE is trading below its 50-day moving average and that Wintermute is maintaining a large short position. The outlet identifies $74.45 as a nearby support level, making it the immediate price reference in its coverage. No size was supplied for Wintermute’s position. DeFiLlama data shows Hyperliquid’s total value locked at $1.79B, a 5.6% reduction over seven days. That protocol-level contraction accompanies the token’s weekly weakness, although the available data does not establish a direct connection between the two moves. The broader crypto market is comparatively stable: total capitalization is $2.61T, the overall market is flat, and Bitcoin is up 0.18% over 24 hours. The Fear and Greed Index stands at 28, in Fear, while HYPE’s market capitalization is $18.38B. Attention remains centered on whether HYPE can hold the reported $74.45 support or recover its 50-day average; those are the technical conditions identified for monitoring, not price forecasts.

Market reaction since this brief Live

Since this brief published about 14 hours ago, Hyperliquid (HYPE) has moved from ₹7,224.23$76.76 to ₹7,134.82$75.81 — -1.24%.

$75.68$75.98$76.28$76.59$76.89 published · $76.76 now · $75.81 (-1.24%) Nov 8 08:08 UTC Nov 8 21:45 UTC
BeforeSince publishPublished · ₹7,224.23$76.76

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.

What this means in rupee

At today's peer-to-peer rate, 1 HYPE ≈ ₹7,883.86 (about $75.81), down 1.4% over 24 hours. The rupee itself trades about 10.5% 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 asset in this story — live, source-stamped, updated every 15 minutes.

₹7,134.82$75.81 ▼ 1.44%
-1.24% since this brief published
7d -12.24%MCap ₹1.71TFull HYPE data →
The market when this published · November 8, 2026
Total market cap₹245.41T
Bitcoin 24h+0.18%
Ethereum 24h-0.16%
BTC dominance58.5%
Fear & Greed28 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 8, 2026.

Hyperliquid TVL$1.79B-5.6% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.04BDeFiLlama ↗

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.

HYPE revisits $76 as weekly decline puts key support in focu — questions & answers

What is HYPE trading at and how has it performed?

HYPE trades at $76.76, down 0.86% over 24 hours and 12.11% over seven days. Its market capitalization is $18.38B.

How large is Hyperliquid’s total value locked?

DeFiLlama reports $1.79B in Hyperliquid TVL, down 5.6% over the preceding seven days.

What levels are traders watching around HYPE?

Crypto Daily identifies $74.45 as nearby support and says HYPE remains below its 50-day moving average. Neither is a guaranteed price boundary.

How much is 1 Hyperliquid worth in rupee today?

About ₹7,883.86 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $75.81. 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 1.24% since this brief first published — trading at ₹7,135 ($75.81) now versus ₹7,224 ($76.76) 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.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 8, 2026 ⛓ Timestamped at Bitcoin block #975,093 sha256:3297904693c48e20
Based on reporting by Crypto Daily — this is an original Token Times summary with live market data, not the original article.Crypto Daily · Nov 8 08:08 ↗

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.