$HYPE has a big event today

Something traders should keep an eye on:

3.75M $HYPE tokens, worth roughly $340M, are scheduled to unlock today. Binance News reports the unlocked supply is intended for one institutional buyer.

That creates an interesting setup.

More supply can bring volatility, but an institutional buyer absorbing the unlock could tell a completely different story.

So I’m watching the price + volume reaction after the unlock, not blindly buying or shorting.

What do you think happens next?

🟢 Bullish
🔴 Sell pressure
👀 Too early

#HYPE #Hyperliquid #Crypto #BinanceSquare