Injective (INJ) Sets 2026 High as Hyperliquid Open Interest Rises 49.5%
Photo: TokenPost
A rally in Injective’s INJ took the token to $9.37 on Hyperliquid on Oct. 16, its highest price of the year. INJ gained about 30% over the previous 24 hours. Open interest in Hyperliquid’s INJ contracts grew by about $4.19 million over that period to roughly $12.65 million, a 49.5% increase. Open interest measures the value of outstanding positions in contracts. An abbreviated wallet address, 0x8be0…2326c, held about 246,900 INJ in a long position valued at roughly $2.28 million.
Source: TokenPost
