Gate News reports that on March 18, amid overall pressure in the digital asset market, Strategy (MSTR) recorded an unrealized loss of over $1 billion, while another company holding Hyperliquid (HYPE) performed remarkably against the trend. Hyperliquid Strategies Inc. (PURR) held 18.2 million HYPE tokens as of February 2026, with an unrealized gain of $595 million, significantly surpassing most DAT assets during the same period.
Analysts note that PURR’s success is mainly due to HYPE tokens rising over 60% this year, while mainstream cryptocurrencies like Bitcoin, Ethereum, and Solana have declined. Hyperliquid’s HIP-3 upgrade is seen as a key factor driving HYPE’s price increase and surge in trading activity. Additionally, the platform has incorporated traditional financial assets such as oil, gold, and stocks into all-weather trading, with fees directly flowing into HYPE’s deflationary mechanism, providing structural benefits to the DAT model.
In contrast, Bitmine Immersion Technologies (BMNR), the largest Ethereum holder, experienced an unrealized loss of about $6 billion on its ETH holdings this year, a decline of approximately 14%. Strategy’s assets declined over 1% in the same period, highlighting the significant pressure on mainstream crypto assets in the current market environment.
Analysts believe that whether PURR can maintain a premium over peers and attract more institutional funds into the HYPE DAT model will depend on Hyperliquid’s ability to expand into real-world asset trading in the coming months. Institutional investor interest and platform activity will be key indicators of its long-term performance.
HYPE’s strong performance also reminds the market that choosing high-liquidity tokens different from mainstream cryptocurrencies and innovative trading platforms may offer more stable returns for DAT. Especially in an investment environment where traditional assets and digital assets intertwine, such strategies are gaining increasing attention from investors.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Price Compression Signals Imminent Breakout Phase
Key Insights:
Shiba Inu trades near $0.0000060 as tightening volatility and reduced momentum signal an approaching breakout phase after months of sustained decline.
Open interest declines to $68 million, while persistent spot outflows highlight cautious sentiment and limited conviction
CryptoNewsLand23m ago
Litecoin Undergoes Deep Chain Reorganization After MWEB Privacy Layer Zero-Day Exploit
Gate News message, April 26 — Litecoin experienced a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, according to the Litecoin Foundation. The reorg spanned blocks 3,095,930 to 3,095,943 and
GateNews4h ago
Trump’s Second Term $TRUMP Big-Holder Gathering: 297 Attendees, Coin Price Down 96% from Its Peak
Trump held the second annual $TRUMP large-holder gala at Mar-a-Lago. 297 large holders attended; the top 29 were promoted to VIPs. Total holdings were about $29 million, down 96% from the peak of $70; the entry threshold has been lowered, and liquidity is highly concentrated. Speakers included Tether, Cathie Wood, Mike Tyson, and others. Trump delivered a keynote address supporting crypto legislation; the public is watching the list of attendees and potential conflicts of interest.
ChainNewsAbmedia6h ago
TRUMP Token Drops 20% to $2.50 Ahead of Mar-a-Lago Crypto Conference
Gate News message, April 26 — The TRUMP meme token fell 20% to around $2.50 ahead of Donald Trump's exclusive Mar-a-Lago crypto conference, wiping out approximately $161 million in market value.
The token has now declined 96.5% from its all-time high of $75.35 reached in January 2025, erasing appro
GateNews7h ago
Humanity Protocol Rallies 80% From April Lows, But Is the Momentum Fading?
Humanity Protocol surged 80% from April lows, breaking into top 100 crypto assets.
Whale activity and network growth rose, but trading volume dropped sharply by 46%.
Bullish structure remains intact, with key resistance and support levels defining the next move.
Humanity Protocol — H, ha
CryptoNewsLand9h ago
Solana Meme Coin Memecoin Breaks $12.23M Market Cap, Surges 37.3% in 24 Hours
Gate News message, April 26 — Memecoin, a Meme token on Solana, has surged 37.3% over the past 24 hours and breached a market capitalization of $12.23 million today, according to on-chain data monitoring.
BlockBeats notes that Meme coin trading carries substantial volatility and is largely driven b
GateNews10h ago
