HYPE Token Suffers 40% Drop Amidst Market Liquidations

The HYPE token experienced a dramatic plunge of over 40%, triggered by widespread liquidations and market instability, affecting major cryptocurrencies like Bitcoin and Ethereum in October 2025. Over $26 million in long positions associated with the HYPE token were liquidated, significantly impacting the broader cryptocurrency market. 🧠 This event underlines potential vulnerabilities within the crypto landscape, raising concerns regarding high leverage and systemic risks. 📈