$HYPE Is unlocking tokens really a bearish signal? With so many institutions staking, what are they thinking? Have you really understood it? 🤡🤡

This wave of unlocked tokens is seen by many as bearish. But Cocoa doesn’t think so. People keep talking about sell pressure, but if you look closely, which of these tokens actually got dumped before they unlocked? Even smaller altcoins can’t be pushed down, let alone a HYPE that’s so big.

If dump signals were this easy for you to spot, what would the market makers be doing? People shouting loudly at the square—why didn’t we see you shorting it?

Also, for the major on-chain signals: multiple institutions and big whales continue to collect more chips. The four addresses withdrew 675,000 HYPE tokens from the exchanges, and over $50 million worth of tokens were transferred into staking.

Bitwise’s旗下 ETF continues to add to its staking as well—two hours ago it placed another order for 188,800 tokens.

Large amounts of chips are being pulled from the secondary market and locked up, significantly reducing circulating supply and easing sell pressure.

Institutions are putting real money on the table to set up positions. Indirectly, this is bullish for the next leg. Chips are concentrating, laying the groundwork for the upcoming rebound. Focus on whether the chart can show a repair/recovery move.
#美国短期国债收益率上涨 #美国短期国债收益率上涨
If you really want to see the order book clearly—if you’re looking to set up positions early, don’t just listen to the nonsense people shouting at the square. Cocoa will truly help you read the chart. Welcome to the chat room to listen in.