HYPE rises against the market trend, maintaining stable price performance during market crashes

BlockBeats News, February 6th, according to Coinglass data, in the past 4 hours, the total liquidation of HYPE tokens across the entire network was only $8.4306 million, with long positions liquidated at $5.4633 million.

During this round of market plunge, the HYPE token price performed strongly, with Bitcoin dropping from $79,000 to $60,000, a 24% decline over 3 days. Meanwhile, HYPE rose against the trend by 5%, with candlestick charts showing the characteristic of “smaller decline and quick rebound.”