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XRP price prediction talk has long revolved around payments adoption. Hyperliquid shows a second way a crypto financial product can draw investor attention: funds and exchange-traded products tied to HYPE have accumulated substantial assets as onchain trading grows. The ETF story is not the same as XRP’s bank-payment…
Hyperliquid Labs distributed 3.75 million HYPE tokens, worth about $330 million, through an over-the-counter (OTC) arrangement with an undisclosed institution, rather than selling the tokens on public exchanges.
XRP whale activity is drawing renewed attention as large holders account for most exchange outflows, while a separate wave of leveraged Bitcoin shorts appeared on Hyperliquid shortly before BTC fell below $84,000.