🚨 HYPE TEM US$ 330 MILLIONS AT STAKE — BUT THERE’S A CATCH
Hyperliquid has put 3.75 million HYPE into the unstaking process, a batch valued at approximately US$ 330 million.
At first glance, it looks like the kind of news that scares anyone who’s already bought: more tokens hitting the market = possible selling pressure.
But there’s an important detail: the batch is tied to an OTC transaction with an institutional buyer, not a direct sale on exchanges. That means the immediate impact could be very different from a large market dump.
🔹 US$ 330M+ in HYPE are involved in the deal.
🔹 The batch represents approximately 1.5% of the circulating supply.
🔹 The unstaking process is expected to conclude around October 7.
🔹 The buyer is institutional, but its identity and any potential conditions regarding how the tokens will be held have not been disclosed.
🔹 The real point to watch will be what happens after these tokens are released: if they’re kept, the impact may be limited; if they reach exchanges, pressure could increase.
What’s curious is that HYPE is still trading near US$ 90, while the market is tracking precisely that supply move. This puts the next week on the radar for anyone following Hyperliquid.
👀 Now I want to know: do you think those US$ 330 million will turn into selling pressure, or is an institutional buyer taking advantage to accumulate HYPE?
#Hyperliquid $HYPE #cripto