$HYPE is entering an interesting zone.

A massive 9.92M HYPE unlock hit the calendar for September 6, worth roughly $797M at the cited estimate.

That creates short-term supply pressure.

But here's the investment angle:

If HYPE absorbs that supply without breaking structurally, it could show how strong the underlying demand really is.

I'd rather research HYPE after supply gets absorbed than chase it before.

High conviction project.

High short-term unlock risk.