MegaETH (MEGA) news: what is happening today
Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC
MegaETH: Large wallets keep buying into weakness
MegaETH is down 6.95% over a month. The drop has not shaken large Hyperliquid wallets, which still hold a net-long book — a divergence worth watching.
What matters on MegaETH right now?
MegaETH is under price pressure while large Hyperliquid wallets keep a net-long book — the split between price and positioning is the story right now. What stands out right now:
- Large wallets keep buying into weakness63% of active large-wallet money is positioned long — $2.2 M against $1.3 M across 43 wallets.
- The trend still points downPrice is below the 50-day average and below the 200-day; the two are 58.46% apart.
- MegaETH is parked in the lower third of its 90-day range1% of the way up a 90-day range that runs $0.04155 to $0.2140.
What does the MegaETH data show?
1. Large wallets keep buying into weakness
63% of active large-wallet money on MegaETH is positioned long right now: $2.2 M long against $1.3 M short, spread over 43 wallets on Hyperliquid. Price has fallen 6.95% over the period, and that book has not flipped with it. Large wallets sitting net-long into weakness is the classic accumulation shape — it is also the shape of a crowd that is simply wrong, so treat it as an imbalance to watch, not a signal to copy. These are open positions read from the chain, not opinions, and they change daily.
2. The trend still points down
Price trades below its 50-day average and below its 200-day, with the two averages 58.46% apart. Market structure is sideways — no sequence of higher or lower swings. The most recent daily candle pattern is bearish engulfing. RSI (14) is 38.8.
3. MegaETH is parked in the lower third of its 90-day range
MegaETH is 1% of the way up its 90-day range, which runs from $0.04155 to $0.2140; over 30 days the market is −6.95%. The same headline number means something different at the top of a range than at the bottom — which is why position is worth naming.
What has already happened to MegaETH?
July 2026
- MEGA’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
June 2026
- MegaETH moved +34.59% in a day, 7.0× its 30-day volatility30-day standard deviation of daily returns 4.92%+34.59%
- MEGA traded $10.8 M, 6.3× its 30-day median volume while price moved +34.59%30-day median volume $1.7 M+34.59%
- MegaETH closed at a 180-day low of $0.04254Previous trough of the 180-day window $0.04453, undercut by 4.45%−4.45%
- MegaETH closed at a 180-day low of $0.04453Previous trough of the 180-day window $0.04609, undercut by 3.38%−3.38%
- MegaETH closed at a 180-day low of $0.04609Previous trough of the 180-day window $0.05062, undercut by 8.96%−8.96%
- MegaETH closed at a 180-day low of $0.05062Previous trough of the 180-day window $0.05437, undercut by 6.89%−6.89%
- MegaETH closed at a 180-day low of $0.05458Previous trough of the 180-day window $0.05919, undercut by 7.78%−7.78%
- MEGA’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
Show the earlier history (31 more entries)
May 2026
- MegaETH closed at a 180-day low of $0.06338Previous trough of the 180-day window $0.06743, undercut by 6.00%−6.00%
- MegaETH closed at a 180-day low of $0.06766Previous trough of the 180-day window $0.07390, undercut by 8.45%−8.45%
- MegaETH closed at a 180-day low of $0.07390Previous trough of the 180-day window $0.07743, undercut by 4.56%−4.56%
- MegaETH closed at a 180-day low of $0.07743Previous trough of the 180-day window $0.08017, undercut by 3.42%−3.42%
- MegaETH closed at a 180-day low of $0.08106Previous trough of the 180-day window $0.08599, undercut by 5.73%−5.73%
- MegaETH closed at a 180-day low of $0.08599Previous trough of the 180-day window $0.08992, undercut by 4.37%−4.37%
- MegaETH closed at a 180-day low of $0.08992Previous trough of the 180-day window $0.09272, undercut by 3.02%−3.02%
- MegaETH closed at a 180-day low of $0.09272Previous trough of the 180-day window $0.1002, undercut by 7.48%−7.48%
- MegaETH closed at a 180-day low of $0.1033Previous trough of the 180-day window $0.1096, undercut by 5.77%−5.77%
- MegaETH closed at a 180-day low of $0.1096Previous trough of the 180-day window $0.1187, undercut by 7.65%−7.65%
- MEGA traded $3.5 M, 3.3× its 30-day median volume while price moved +3.17%30-day median volume $1.1 M+3.17%
- MEGA traded $11.0 M, 28.0× its 30-day median volume while price moved +1.80%30-day median volume $394 K+1.80%
April 2026
- MEGA open interest rose 171.06% to $18.4 M while price moved −10.71%: fresh shorts buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions−10.71%
- MEGA’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- MEGA traded $4.2 M, 32.5× its 30-day median volume while price moved +9.63%30-day median volume $129 K+9.63%
- MEGA traded $2.5 M, 23.2× its 30-day median volume while price moved −18.55%30-day median volume $106 K−18.55%
- MegaETH moved +27.89% in a day, 10.6× its 30-day volatility30-day standard deviation of daily returns 2.64%+27.89%
- MEGA traded $2.2 M, 22.0× its 30-day median volume while price moved +27.89%30-day median volume $101 K+27.89%
March 2026
- MEGA’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
February 2026
- MegaETH closed at a 90-day low of $0.1197Previous trough of the 90-day window $0.1240, undercut by 3.50%−3.50%
- MEGA’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- MegaETH closed at a 90-day low of $0.1240Previous trough of the 90-day window $0.1305, undercut by 4.92%−4.92%
- MegaETH closed at a 90-day low of $0.1305Previous trough of the 90-day window $0.1386, undercut by 5.87%−5.87%
- MegaETH closed at a 90-day low of $0.1405Previous trough of the 90-day window $0.1489, undercut by 5.64%−5.64%
January 2026
- MegaETH closed at a 90-day low of $0.1532Previous trough of the 90-day window $0.1621, undercut by 5.51%−5.51%
- MEGA open interest rose 64.04% to $4.7 M while price moved −18.93%: fresh shorts buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions−18.93%
- MegaETH moved −18.93% in a day, 3.2× its 30-day volatility30-day standard deviation of daily returns 5.90%−18.93%
- MEGA’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- MEGA traded $2.4 M, 14.6× its 30-day median volume while price moved +2.32%30-day median volume $164 K+2.32%
December 2025
- MegaETH moved −36.74% in a day, 6.2× its 30-day volatility30-day standard deviation of daily returns 5.97%−36.74%
- MEGA’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
Entries are produced by the Spottrench algorithm from Hyperliquid data.
What is next for MegaETH?
Dates we can verify and levels that would change the read on MegaETH. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.
Unlock schedule from DefiLlama; earnings dates from the company calendar.
The bottom line
Pulling it together, our combined signal reads SELL (43/100, where 50 is neutral). On the last closed day MegaETH fell 0.58% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why MegaETH moved — everything above is measurement, not a cause.
Frequently asked questions
What is the latest news on MegaETH?
The most recent development we recorded is: Large wallets keep buying into weakness (2026-07-25). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.
How often is the MegaETH page updated?
Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.
Where does the MegaETH data on this page come from?
From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.
Is this MegaETH page investment advice?
No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.
Markets like MegaETH
Canton (CC)SELL
Dash (DASH)SELL
ApeCoin (APE)SELL
Maple Finance (SYRUP)SELL
dYdX (DYDX)SELL
Nillion (NIL)SELL
Other markets on 2026-07-20
Yield Guild Games (YGG)New low
KAITO (KAITO)New high
Hemi (HEMI)Sharp move
Apple (AAPL)Volume
Fusionist (ACE)Volume
Ondo (ONDO)Volume
Pump.fun (PUMP)Volume
Virtuals Protocol (VIRTUAL)Volume
CASHCAT
TNSR
ZRO
NOW
HIMS
BE
NBIS
BERA
INTC
WLD