Why did Hyperliquid drop 0.8% on October 28, 2026?
HYPE is within a usual day's range. HYPE fell further than this on 10 of the past 29 days. 2 HYPE reports are on the timeline below: 0 published before the largest hourly move and 2 during or after it. Timing alone does not show what caused the move.
- Day open / close
- $81.30 → $80.7024 hourly candles, OKX · USDT
- Day range
- $79.57 – $82.483.7% from low to high
- Versus Bitcoin
- -0.75% / BTC +0.55%24 hours to Oct 29, 2026, 00:00 UTC; the headline uses the live price. About -1.4 points of the move is its own after allowing for Bitcoin
- Versus the past month
- 10 of the past 29 days fell further-0.75% in the 24 hours to Oct 29, 2026, 00:00 UTC, 0.4× a typical day (1.8%).
- 30-day range
- 15.3% below the high · 8.4% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 6 of 27 others also fell 0.3% or more19 rose that much
- 24h volume
- 0.8×of its prior 30-day daily average
Computed from OKX · USDT hourly candles for the 24 hours to Oct 29, 2026, 00:00 UTC. Methods →
HYPE timeline around October 28, 2026
Largest closed hourly move: -1.05%, Oct 28, 2026, 12:00–13:00 (UTC).
Reports from the day before and after (2)
- After the largest hourly move
- ICE signs deal with Trade[XYZ] to bring Hyperliquid-based perpetual futures to the US CoinDesk
Intercontinental Exchange, owner of the New York Stock Exchange, signed a definitive agreement with Trade[XYZ] to launch regulated perpetual futures built on Hyperliquid in the United States, Decrypt reported, making ICE the exclusive…
- Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment CoinDesk
Stanley Druckenmiller disclosed an investment in Trade[XYZ], a platform teaming up with the NYSE's parent company, in his first post on X, CoinDesk reported.
Report summaries say what each report stated; none is presented as the cause of the price move.