$HYPE was mentioned today by Binance’s official account: they’re aiming to reopen withdrawals before next weekend.
But don’t read the timeline backwards—this doesn’t mean withdrawals are “already open”; they’re working to reopen them. Assets have been gradually restored in batches since the hack, but the HYPE community has been arguing about something else these past few days: HYPE wasn’t on the stolen-assets list in the first place, and by market cap it should have been restored sooner, yet it’s taken until now to get a timeline.
The current price is around 78.6, with a daily low near 76.3, and it’s still down about 4% over 24 hours. The narrative has heated up, but the price action hasn’t immediately followed. If withdrawals still haven’t actually reopened by next weekend, or the price breaks below today’s low, I’ll consider this timeline no sign of a recovery.
#HYPE #Binance
But don’t read the timeline backwards—this doesn’t mean withdrawals are “already open”; they’re working to reopen them. Assets have been gradually restored in batches since the hack, but the HYPE community has been arguing about something else these past few days: HYPE wasn’t on the stolen-assets list in the first place, and by market cap it should have been restored sooner, yet it’s taken until now to get a timeline.
The current price is around 78.6, with a daily low near 76.3, and it’s still down about 4% over 24 hours. The narrative has heated up, but the price action hasn’t immediately followed. If withdrawals still haven’t actually reopened by next weekend, or the price breaks below today’s low, I’ll consider this timeline no sign of a recovery.
#HYPE #Binance
