Hyperliquid Strategies has a $1.4 billion market cap, minimal float and a record single-day trading volume that analysts link to heavy call buying. Capital Flows forecasts a GameStop-style gamma squeeze within 60 trading days, pointing to PURR’s June 26 Russell 2000/3000 inclusion and potential US market adoption as catalysts.
Hyperliquid Strategies holds a market valuation near $1.4 billion with a strictly limited tradable float, a profile similar to stocks that experienced gamma squeezes in early 2021. Analysts note that minimal share availability could amplify price moves if options activity intensifies.
The stock recently posted its largest single-day trading volume on record while implied volatility climbed alongside price gains, signaling heavy call-option accumulation. Should strikes be raised beyond current $18 levels, market makers would need to purchase underlying shares to hedge, fueling a self-reinforcing rally.
Inclusion in the Russell 2000 and 3000 is set to take effect after the June 26 market close, potentially drawing passive index flows. Additional upside may come from anticipated regulatory approval for US adoption, though the speculative setup could reverse sharply if investor appetite wanes.
