HYPE surges over 9% in 24 hours, currently trading at $33.28

2026-02-03 by admin

BlockBeats news, February 3rd, according to HTX market data, HYPE rose over 9% in 24 hours, currently quoted at $33.28.

Previously reported, Hyperliquid announced that HyperCore will support outcome trading (HIP-4). It is understood that an outcome is a fully collateralized contract whose settlement price is confined within a fixed range. This is a versatile foundational trading component applicable in scenarios such as prediction markets and bounded option-like instruments. The outcome trading feature is still under development and is currently only being tested on the testnet.

BlockBeats news, February 3rd, according to HTX market data, HYPE rose over 9% in 24 hours, currently quoted at $33.28.Previously reported, Hyperliquid announced that HyperCore will support outcome trading (HIP-4). It is understood that an outcome is a fully collateralized contract whose settlement price is confined within a fixed range. This is a versatile foundational trading component applicable in scenarios such as prediction markets and bounded option-like instruments. The outcome trading feature is still under development and is currently only being tested on the testnet.

BlockBeats news, February 3rd, CZ responded in a post, stating that over the past two days, he had seen some "quite imaginative" FUD and clarified each point one by one:· Regarding a circulating Polymarket screenshot with the content "Will someone throw something at CZ's face at a crypto event in 2026?", CZ stated that this event does not exist on Polymarket or any prediction market, nor does the so-called $7 million trading volume exist; the related screenshot is fabricated.· As for the claim that "CZ canceled the super cycle," CZ directly called it an overinterpretation. He only mentioned that he is "less confident than before."· Regarding the rumor that "Binance sold $1 billion worth of Bitcoin," CZ clarified that it was Binance users who sold, not Binance itself. Changes in Binance wallet balances typically only occur when users withdraw funds, as many users keep their assets on Binance as a wallet after trading.· Additionally, addressing doubts about the SAFU fund not being seen buying BTC, CZ stated that Binance clearly mentioned it would complete the conversion within 30 days, speculating that Binance's initial plan might be: to gradually complete the purchase over these 30 days; then, near the end of the 30 days or on a weekly basis, transfer the funds to the corresponding address. Of course, it would not be possible to see them buying through a DEX. Considering Bitcoin's market capitalization of approximately $1.7 trillion, the impact of buying $1 billion in batches over 30 days on Bitcoin's price and whether it boosts market confidence is left for the market to judge.