Hyperliquid (HYPE) jumps as margin upgrade and tokenized oil perpetual frenzy drive record volumes; Arthur Hayes predicts $150 by August

Hyperliquid (HYPE) experienced a technical breakout above clustered resistance and moving averages in the $30–$32 range, driving a ~178% jump in daily trading volume and a price rise into the ~$34 area. Futures activity surged to about $2.85 billion in one day, top-trader long/short ratio near 1.6, and short liquidations plus algorithmic/stop-buy orders amplified the move. Major exchanges showed broad participation (≈$750M on Binance, significant volume on Bybit, MEXC and OKX).
AI Analysis
The article reports a confirmed technical breakout above $30–$32, a ~178% increase in daily volume, a price move to ~$34, very large one-day futures activity (~$2.85B), long/short ratio favoring longs (~1.6), and ~ $750M of volume on Binance — all concrete market activity that supports a short-term bullish view.