Hyperliquid Strategies

PURR.US opened higher and trended upward during regular session, last trading at $8.570 as of ET 09:31, up ~4.4% from the prior close of $8.210. The rally was catalyzed by inclusions in the Russell 3000, Russell 2000, and S&P Global BMI indices, alongside VALR launching 200+ Hyperliquid perpetuals markets. Q3 2026 earnings showed a swing to net profit of $125.59 million from a loss of $277.54 million in Q2, with operating revenue rising to $2.626 million. However, the current price of $8.63 sits slightly below the 20-day MA of $8.677 and is 25.7% off the 52-week high of $11.62, while YTD gain stands at 150.9%. Despite strong fundamentals, near-term resistance near the moving average remains.