Hyperliquid Price Stalls Below $90 Amid Weakening Momentum

Hyperliquid's price has stalled below $90 as momentum weakens and buyers absorb an estimated $820 million token unlock.

Despite a record high of $89.57 on Sep. 6, the token is currently trading near $85.84, holding most of its gains after a volatile six-day period.

The recent price action has narrowed between roughly $84 and $88, with buyers repeatedly stepping in around $84.70, $85 to test demand below the record high.