๐จ $HYPE UNLOCK TODAY โ BUT THIS ONE IS DIFFERENT
$HYPE is set to unlock 3.75M tokens (~$340M) today.
But hereโs the interesting part ๐
The tokens are going OTC to one institutional buyer, so they wonโt directly hit the open market like a normal unlock.
Meanwhile:
๐ฅ Hyperliquid is still doing buybacks
๐ฅ Around $10M worth of $HYPE was recently burned
๐ฅ Bloomberg has added Hyperliquid market data
So the big question is:
Will the OTC deal keep selling pressure low, or will traders still fear the unlock? ๐๐
$HYPE is set to unlock 3.75M tokens (~$340M) today.
But hereโs the interesting part ๐
The tokens are going OTC to one institutional buyer, so they wonโt directly hit the open market like a normal unlock.
Meanwhile:
๐ฅ Hyperliquid is still doing buybacks
๐ฅ Around $10M worth of $HYPE was recently burned
๐ฅ Bloomberg has added Hyperliquid market data
So the big question is:
Will the OTC deal keep selling pressure low, or will traders still fear the unlock? ๐๐
