Hyperliquid (CRYPTO: HYPE) has surged by 65% this week, outshining larger tokens like XRP (CRYPTO: XRP). This increase in value can be attributed to two major sellers ceasing to unload millions of HYPE tokens, thereby eliminating a substantial portion of the overhead supply. The Tornado Cash-supported cluster and Continue Capital concluded their liquidation process recently, having sold off millions of tokens over several weeks. This selling pressure had initially driven HYPE prices from a high of $45 to a low of $21.70, but with these sellers no longer in the market, the price has rebounded. Additionally, Digital Asset Treasuries have been accumulating millions of HYPE tokens, with Hyperliquid Strategies (NASDAQ: PURR) actively acquiring tokens, and Hyperion DeFi Inc (NASDAQ: HYPD) holding over 1.4 million HYPE tokens - making them the first U.S. publicly listed company with a strategic HYPE treasury. Hyperliquid now dominates approximately 60% of all tokenized asset trading, solidifying its position in the market.