Bullish on-chain metrics

Bullish on-chain metrics

Data from the on-chain analytics tool CoinGlass revealed that over $3.5 million worth of HYPE has left the exchanges over the past 48 hours, signaling strong accumulation by investors.

Not just that, traders are also following the same trend by betting on the bullish side. At present, HYPE’s OI-Weighted Funding Rate was 0.0082%, indicating an overall bullish bias among traders.

Notably, the Funding Rate has remained positive since April 2025, with only two brief instances of negative values recorded, reflecting consistent long-side dominance in the market.