Hyperliquid’s native token, HYPE , faced a steep 10% drop on Sept. 22, wiping more than $1.7 billion off its market cap in the past day. This decline comes as BitMEX co-founder Arthur Hayes liquidated his entire HYPE position, 96,628 tokens worth about$5.1 million. This sell-off comes only a month after Hayes publicly forecasted a 126-fold price surge over the next three years. On Sept. 21, LookOnChain revealed Hayes netted roughly $823,000 in profit, representing a 19% gain on his initial purchase. The ...