🚨 $320M OF $HYPE IS BEING UNSTAKED… BUT WHO'S BUYING? 👀

Hyperliquid Labs has reportedly begun unstaking roughly $320M worth of HYPE through its scheduled core-team release.

The interesting part?

The entire tranche is reportedly intended for an OTC purchase by an institutional buyer.

🐻 BEAR CASE: A huge token release could create major supply pressure.

🐂 BULL CASE: If an institution absorbs the entire tranche OTC, that supply may never hit the open market.

So which side matters more?

Is this a $320M supply overhang… or a $320M institutional accumulation event? 👀

$HYPE