Market Report: Top 5 Cryptocurrencies with the Largest Declines on December 10, 2025, with Hyperliquid experiencing the biggest drop

HYPE-1,62%
KAS-4,07%
PI0,51%
QNT-0,07%

Gate.io News Bot Message: On December 10, 2025, according to CoinMarketCap data, the overall cryptocurrency market is showing an adjustment trend, with several major tokens facing pullback pressure. Below are the top five tokens with the largest declines over the past 24 hours:

1️⃣ HYPE (Hyperliquid) 📉 Current Price: $28.17 | Decline: -3.57% 📊 24H High/Low: $29.21 / $27.56 | Market Cap: $9,484,447,227.92 ⚠️ HYPE’s price has fallen to a new low since May 21, with whale long positions suffering significant unrealized losses (one whale has an unrealized loss of $15.3 million), and short-selling forces in the market are increasing. At the same time, several large holders are actively accumulating over $4.2 million worth of HYPE at low prices, indicating a clear divergence in market expectations.

2️⃣ KAS (Kaspa) 📉 Current Price: $0.504 | Decline: -2.28% 📊 24H High/Low: $0.55 / $0.49 | Market Cap: $1,362,911,905.01 ⚠️ With no significant positive news, the market is seeing a mild pullback amid overall adjustment.

3️⃣ PI (Pi) 📉 Current Price: $0.21 | Decline: -1.51% 📊 24H High/Low: $0.22 / $0.21 | Market Cap: $1,818,777,599.50 ⚠️ Slight decline impacted by overall market volatility. Notably, Pi Network has completed KYC verification for 17.5 million pioneers, with 15.7 million successfully migrated to the mainnet. Validator rewards are expected to be distributed by the end of Q1 2026, showing steady project progress.

4️⃣ QNT (Quant) 📉 Current Price: $87.30 | Decline: -0.76% 📊 24H High/Low: $90.34 / $86.11 | Market Cap: $1,053,957,543.00 ⚠️ Mild pullback amid overall market adjustment, with a relatively small decline.

5️⃣ CC (Canton) 📉 Current Price: $0.73 | Decline: -0.73% 📊 24H High/Low: $0.79 / $0.71 | Market Cap: $2,650,194,642.80 ⚠️ Despite a slight decline, there have been frequent positive developments in the Canton ecosystem. RedStone has become the core oracle for Canton Network, integrating with a $6 trillion RWA ecosystem; Digital Asset Holdings completed a $50 million funding round with participation from Wall Street institutions such as BNY Mellon Bank and Nasdaq, reflecting long-term optimism for the RWA sector.

📉 Market Adjustment Summary

The current market is showing structural adjustment characteristics. Among the top five decliners, Hyperliquid leads the drop, mainly due to whale long position losses and intensified short-selling forces; the other tokens saw milder declines, and there has been no sign of panic selling in the overall market. It is worth noting that, even amid declines, institutions and large holders are still accumulating positions in some tokens (such as HYPE, PI), indicating that participants remain relatively optimistic about the mid- to long-term outlook. Investors are advised to closely monitor liquidation events and large holder movements, and to manage risk exposure prudently.

⚠️ Risk Warning

This message does not constitute investment advice. The market is subject to significant volatility, and leveraged trading carries even greater risks. Investors should carefully assess their own risk tolerance, avoid blindly following trends or using excessive leverage. It is recommended to adopt a diversified investment strategy, set reasonable stop-losses, and closely monitor changes in market dynamics.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pi Network RPC server startup, supply pressure obstructs a technical rebound for PI

Pi Network announced that its testnet remote procedure call (RPC) servers are now live, laying the groundwork for building a smart contract ecosystem. Although this news is seen as a positive, the core team’s selling of more than 21.8 million PI tokens, along with the ongoing supply pressure stemming from user top-ups, has still exerted downside pressure on the market. Technical analysis shows that the support level for the PI token is $0.1736; the future price action needs to be closely watched.

MarketWhisper38m ago

A whale-led selloff is driving the Bitcoin market, and ETF institutional buy pressure is unable to turn the tide

A CryptoQuant report indicates that as of the end of March, Bitcoin’s “apparent demand” is -63,000 BTC, showing that the market has an oversupply situation, and institutional buying cannot offset retail selling. Starting in mid-2025, the giant whales began large-scale selling, pushing the market into a distribution phase. Although ETF institutional buying has increased, it has not been able to change the weak demand situation, and weakening domestic U.S. demand may further affect the market. Easing geopolitical tensions could become a catalyst for a short-term rebound.

MarketWhisper53m ago

BTC 15-minute drop of 0.73%: Technical support fails and on-chain congestion converges to suppress the rebound

From 2026-04-02 02:00 to 2026-04-02 02:15 (UTC), the BTC price fluctuated within the 66,858.6 - 67,355.0 USDT range. Over the 15 minutes, the return was -0.73%, and the amplitude reached 0.74%. During this period, market attention increased, short-term volatility intensified, and investors’ sentiment clearly shifted toward caution. The main driving force behind this abnormal move was that the key technical support level of $66,700 was broken, along with the RSI falling below 30, indicating that short-term momentum weakened rapidly and investors’ willingness to sell increased. Additionally, the market sentiment became more cautious, and trading volume showed signs of decline.

GateNews54m ago

The “crypto pullback” wave on April 1: Is it a joke or a warning sign from within the market?

On April 1, at least five influential figures in the cryptocurrency space simultaneously posted farewell messages, declaring that they were leaving the industry permanently. The posts quickly spread across X, creating a wave of confusion as the community couldn’t clearly tell where the serious statements ended.

TapChiBitcoin1h ago

Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending

Bitcoin (BTC) briefly jumped to $68,589, and US stock markets rallied as investors reacted to US President Donald Trump's statements on considering options for ending the US and Israel-Iran war. Separate, unconfirmed comments attributed to Iranian President Masoud Pezeshkian also suggested that Iran

Cointelegraph1h ago

Gate Daily Report (April 2): The U.S. Department of the Treasury releases a notice of proposed rules for the “GENIUS Act”; the CFTC says it is prepared to regulate the entire crypto market

Bitcoin (BTC) dipped in the short term to $67,600. The U.S. Department of the Treasury launched a small consultation on regulatory guidance for stablecoins under the “GENIUS Act,” and the CFTC Chair said he is ready to regulate the entire crypto market. Amid market developments, spot Bitcoin inflows are slightly higher than outflows, and the CFTC and the SEC have signed an agreement to coordinate digital asset regulation.

MarketWhisper1h ago
Comment
0/400
No comments