TechFlow reports that on March 7, Arthur Hayes, founder of BitMEX, posted on X stating that during weekends when traditional exchanges are closed, price discovery may shift to crypto-native platforms. He noted that amid escalating Middle East tensions, Hyperliquid’s oil perpetual contract (CL-USDC) could become a key price discovery market for oil over the weekend. Hayes further reiterated that, given rising trading activity, the target price for Hyperliquid’s native token HYPE could reach $150.
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