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HYPE Price Plunges Amid Trump's Comments and Whale Trader's $62M Profit

Guavy AI Editorial Team
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HYPE ARKM
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The price of HYPE, Hyperliquid's native token, dropped to $84.03 on September 5, 2026, a decline of 2.3% over the past 24 hours.

This dip comes amid news that regulators are working to bring Hyperliquid into the US, as stated by President Donald Trump during an event on August 19, 2026.

CFTC Chair Michael Selig is reportedly involved in this effort, which could require Hyperliquid to meet CFTC crypto derivatives standards built for registered exchanges.

A whale trader holding a nearly $62.7 million profit has also been flagged by on-chain data from Arkham Intelligence, adding to the market's volatility.

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