On-chain data cited by BlockBeats showed that Hyperliquid burned 42,300 HYPE over the past 24 hours, with the destroyed tokens valued at about $4 million. The figure was up more than 88% from the previous comparable period. Over the past seven days, total HYPE burned reached 226,500 tokens. Cumulative burn volume has now climbed to 47,397,098 HYPE, accounting for 4.74% of the token’s total supply. The update was reported on Sept. 22 as part of a market news flash, with the figures attributed to on-chain data rather than a company statement.
BlockBeats reported on Sept. 22, citing on-chain data, that Hyperliquid burned 42,300 HYPE over the past 24 hours, worth about $4 million. The amount was up more than 88% from the previous comparable period.
Over the past seven days, total HYPE burned reached 226,500 tokens. Cumulative burned supply has risen to 47,397,098 HYPE, equal to 4.74% of total supply.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
