Hyperliquid's HYPE Token Lists on Binance Amid Whale Wallet Buying Spree

Hyperliquid's HYPE token started trading on Binance's spot market on September 24, marking a significant milestone for the project. The listing opened at 11:00 UTC with three new pairs: HYPE/USDT, HYPE/USDC, and HYPE/TRY, which is only available to Binance TR users.

Binance set the listing fee at zero BNB, making it an attractive entry point for traders. The Seed tag was applied to HYPE, indicating higher risk and volatility compared to other listed assets.

A prominent whale wallet, 0x6436, has been accumulating HYPE tokens since late August, with significant purchases in September worth around $36 million. This wallet has staked its holdings after buying, suggesting a long-term corporate holding rather than short-term trading.