Hyperliquid burns $1.32M in HYPE within 24 hours, bringing the total burn value to $4.11B

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Hyperliquid reported $1.32 million in HYPE token burns over 24 hours, with 15,350 tokens destroyed at $86.17 each. The total number of burned tokens now reaches 48.45 million, valued at $4.11 billion, or 4.84% of the maximum supply. This occurs amid ongoing cryptocurrency price movements and speculation surrounding new token listings.

Odaily Planet Daily reports, according to Onchain Lens monitoring, Hyperliquid purchased and burned 15,350 HYPE tokens over the past 24 hours, valued at approximately $1.32 million, at an average price of $86.17. To date, Hyperliquid has cumulatively burned 484.5 million HYPE tokens, equivalent to approximately $4.11 billion at current value, representing 4.84% of the maximum supply.

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