Breaking: Hyperliquid Halts Withdrawals

Published at 2025-11-12 17:15:17

Conor Grogan, a former Coinbase executive, posted that the Hyperliquid bridge had ceased processing withdrawals, noting no on-chain transactions for a 21-minute window at the time of his report on Nov 12, 2025. The pause appears to affect transfers involving the HYPE token and was flagged publicly before any official comment from Hyperliquid.

This interruption matters because bridges are critical for cross-chain liquidity and user access to funds; even short halts can trap withdrawals, create market uncertainty, and pressure token prices. Traders and holders of HYPE should monitor Hyperliquid’s official channels and on-chain activity for updates. Until Hyperliquid provides details, the situation remains unresolved and market participants may face delays or elevated risk when attempting withdrawals.

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