Hyperliquid's HYPE slips 2% as ETF outflows cap recovery
- —HYPE dropped 2% after a 5% rebound the previous day
- —HYPE ETFs saw $5.03 million in outflows on Wednesday
- —September outflows from HYPE ETFs totaled $6.86 million
- —Price tests the 50-period EMA at $89.60, with support at $88.55 and $84.68
Why it matters: Easing institutional demand is capping HYPE's recovery and casts doubt on a breakout above its $98 record high.
Source: FXStreet Crypto
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