HYPE token demonstrated resilience amid a market downturn, rising 5% even as Bitcoin experienced a significant drop. According to Coinglass data, HYPE's network liquidation in the past four hours totaled $8.4306 million, with long positions accounting for $5.4633 million. Despite Bitcoin's sharp decline from $79,000 to $60,000 over three days, HYPE's price movement showed a pattern of minor declines followed by rapid rebounds.