Hyperliquid price breakout puts $84 liquidity in focus

Hyperliquid price traded near $80 on Aug. 24 after reaching a record $83.27, as rising platform fees and a 32% weekly gain kept HYPE in price discovery. Summary HYPE reached an all-time high of $83.27 before retreating toward $80. Hyperliquid generated $6.5 million in fees during a recent 24-hour period. Daily RSI reached 75.91, leaving the token overbought after its rapid advance. Liquidation data places the largest nearby liquidity cluster around $84. Hyperliquid price consolidates below its record high Hyperliquid (HYPE) price was trading at approximately $79.83 at the time of writing, down 1.15% over the previous 24 hours but up 32.3% over seven days. The token has also gained 35.8% over the past month. HYPE reached an all-time high of $83.27 on Aug. 23, according to CoinGecko, before buyers encountered resistance between $82 and $84. Its market capitalization stood near $17.8 billion, placing it among the ten largest cryptocurrencies. The 4-hour chart shows that the rally accelerated on Aug. 19, when HYPE climbed from below $60 to nearly $70 in a single session. Buyers then pushed the token through $75 and above $80 over the following four days. Price remained close to $80 on ...