Hyperliquid burns $1.39 million in HYPE over 24 hours

Hyperliquid (HYPE) has burned 17,710 HYPE tokens purchased over the past 24 hours, according to Onchain Lens. The average purchase price was $78.37, totaling approximately $1.39 million. To date, a total of 48.6 million HYPE has been permanently burned, equivalent to about $388 million, representing 4.86% of the maximum supply of 1 billion HYPE.