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

KAS0,66%
PI-1,73%
QNT0,27%

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.

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