🚨 $HYPE HAS A $340M EVENT TODAY.
Hyperliquid is unlocking 3.75 MILLION $HYPE today.
That's roughly $340 MILLION worth of tokens. 👀
At first glance, that sounds dangerous:
💰 3.75M HYPE unlocked
⚠️ ~1.69% of circulating supply
📉 New supply entering the market
BUT HERE'S THE TWIST.
The entire unlocked batch is reportedly going to ONE institutional buyer through an OTC deal.
So unlike a normal unlock, this doesn't mean 3.75M HYPE suddenly gets dumped into public order books.
Now the real question:
Will the market see this as SELLING PRESSURE...
or
INSTITUTIONAL DEMAND? 👀
$HYPE
DUMP? 📉
OR ABSORBED? 🚀
Pick ONE. 👇
#HYPE #Hyperliquid #Crypto #Altcoins #BinanceSquare
Hyperliquid is unlocking 3.75 MILLION $HYPE today.
That's roughly $340 MILLION worth of tokens. 👀
At first glance, that sounds dangerous:
💰 3.75M HYPE unlocked
⚠️ ~1.69% of circulating supply
📉 New supply entering the market
BUT HERE'S THE TWIST.
The entire unlocked batch is reportedly going to ONE institutional buyer through an OTC deal.
So unlike a normal unlock, this doesn't mean 3.75M HYPE suddenly gets dumped into public order books.
Now the real question:
Will the market see this as SELLING PRESSURE...
or
INSTITUTIONAL DEMAND? 👀
$HYPE
DUMP? 📉
OR ABSORBED? 🚀
Pick ONE. 👇
#HYPE #Hyperliquid #Crypto #Altcoins #BinanceSquare