$HYPE is on fire again! Negative funding rates and heavy short positions triggered another powerful #HYPEShortSqueeze , pushing Hyperliquid’s token past $50–$60 levels this week. Bitwise’s new HYPE ETF inflows added fuel as shorts got liquidated and price momentum exploded. With massive daily trading volume and fee revenue funding buybacks, $HYPE continues to dominate the perps narrative. Short squeeze season in full effect — who’s still betting against it?