#HYPE to $100 next? 👀
Hyperliquid Labs is reportedly preparing to unstake around $320M worth of #HYPE tied to team unlocks. The tokens are expected to be sold OTC to a single institutional buyer.
For comparison, combined net inflows into U.S. HYPE ETFs are around $349M since launch.
So one institution may absorb almost as much HYPE in a single deal as the entire ETF market has taken in through net flows so far. Even with an OTC discount, that’s serious demand at current prices. 🐋
Doesn’t guarantee $100, obviously. But someone willing to take hundreds of millions in HYPE here is definitely worth paying attention to. 📈
Hyperliquid Labs is reportedly preparing to unstake around $320M worth of #HYPE tied to team unlocks. The tokens are expected to be sold OTC to a single institutional buyer.
For comparison, combined net inflows into U.S. HYPE ETFs are around $349M since launch.
So one institution may absorb almost as much HYPE in a single deal as the entire ETF market has taken in through net flows so far. Even with an OTC discount, that’s serious demand at current prices. 🐋
Doesn’t guarantee $100, obviously. But someone willing to take hundreds of millions in HYPE here is definitely worth paying attention to. 📈
