Hyperliquid price climbed 7.87% over the last day, mainly thanks to leveraged buyers. The coin currently trades at $64.79, testing the resistance level that has held it back this month. This move followed a fifth week of spot-ETF inflows and a surge in derivatives activity. Now, the HYPE price prediction centers on the key $65 mark.
ETF Inflows, Derivatives Volume Drive Hyperliquid Coin Demand
Hyperliquid ETFs had net inflows for the fifth week in a row, bringing in $5.87 million last week. Since they launched, there has only been one day of outflows, on June 5, when nearly $3 million was withdrawn. Right now, these products hold more than $173 million, which is 1.28% of HYPE’s market cap.
On-chain demand was even stronger. Data show that open interest in Hyperliquid contracts reached $1.3 billion, and Hyperliquid’s perpetuals traded about $470 million today.
READ MORE: Here’s Why Humanity, Bittensor, Worldcoin, Pi Network are Soaring Today
Also, the platform continues to widen its lead. Over the past year, Hyperliquid amassed $929.1 million in fees, with 93% going to users and 7% to its HLP vault. This makes up 69.7% of the $1.3 billion in total derivative-exchange revenue, well ahead of edgeX at $208.7 million, Lighter at $89.6 million, and Photon at $34.3 million.
According to TokenTerminal, open interest currently stands at $4.6 billion, accounting for 75.6% of the sector’s $6.1 billion total. This is higher than tradeXYZ’s $1.4 billion and dreamcash’s $20.8 million. Real-world asset open interest also reached a record $3 billion on June 2, continuing the monthly HIP-3 highs that started with the standard’s launch in October 2025.
HYPE Price Prediction Splits Between $65 and $54
Hyperliquid price stalled at a key technical level on Sunday, June 14. According to Ali Charts, the recent pattern forms the right shoulder of a head-and-shoulders top, with the head near $75.63 and support at $62.28 and $60.52. He sees $65 as the level the bulls need to win back.
The well-followed analyst warns that if the HYPE token falls below $54.61 and the pattern holds, the next support levels are $48.14 and $40.66.
Altcoin Sherpa, another chartist, has a different view. He expects the Hyperliquid price to trade sideways and build a base for a few weeks before trying to break $100. On his 4-hour chart, the price stays above its moving averages, with the 25-, 50-, 100-, and 200-period EMAs between about $57.37 and $60.28. Resistance is at $64.83, while support is at $56.36 and $54.07.
Both analysts agree that around $54 is a key level. The HYPE price is now 14.43% below its $75.52 high from June 2, but still up 1,919.23% from its $3.20 low in November 2024.
There is also a mechanical risk. One large holder has a 5x long position of 1.38 million HYPE, worth $87.6 million, entered at $38.67 with a liquidation price at $50.9.
This is below the current price, but if the market drops toward that level, it could trigger selling and push prices down further. If Hyperliquid coin climbs back above $65, Sherpa’s base remains intact, but if it falls below $54, Ali Charts’ bearish outlook takes over.
READ MORE: NEAR Price Prediction: Analysts Eye $4 as AI Tokens Explode Higher
