🚨 $HYPE UNLOCK TODAY — BUT THIS ONE IS DIFFERENT
$HYPE is set to unlock 3.75M tokens (~$340M) today.
But here’s the interesting part 👀
The tokens are going OTC to one institutional buyer, so they won’t directly hit the open market like a normal unlock.
Meanwhile:
🔥 Hyperliquid is still doing buybacks
🔥 Around $10M worth of $HYPE was recently burned
🔥 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? 📉📈
$HYPE is set to unlock 3.75M tokens (~$340M) today.
But here’s the interesting part 👀
The tokens are going OTC to one institutional buyer, so they won’t directly hit the open market like a normal unlock.
Meanwhile:
🔥 Hyperliquid is still doing buybacks
🔥 Around $10M worth of $HYPE was recently burned
🔥 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? 📉📈
