$HYPE Since late last month, after a surge to a new high of 97, the market has been in a steady downtrend. Is it still possible to keep shorting?

Paradigm unstaked 255 trillion HYPE tokens over two days, worth $224 million—nearly 20% of the total staked supply. A large amount of tokens has been released from the staking pool, unlocking potential selling pressure. This could make investors wary; if funds subsequently start moving from on-chain into exchanges, the downtrend could kick off immediately 🚀🚀

With a large amount of tokens unlocked and selling pressure hanging over the market, Sister Shan recommends waiting and watching for now. If the market can’t hold above 85, you can enter a short position!! 👇👇#Hyperlane