Oversold Aave Eyes Its $126 EMA While Hyperliquid Stays Pinned Under $95
Photo: Crypto Daily
Two whales sold a large block of HYPE this week after the NYSE operator ICE revised its plan for Hyperliquid-based perps to note they need regulatory approval. The edit handed timing to the CFTC. The selling tests a token trading close to its record, while Aave limps through a steep monthly drop. Traders now want to know whether HYPE buyers can absorb more exits, and whether Aave's oversold reading sparks a real rebound. Intercontinental Exchange, the operator of the New York Stock Exchange, announced plans on Oct 29 to bring Hyperliquid-based perpetual futures to U.S. traders.
Source: Crypto Daily
