$HYPE is doing something I find more interesting than a normal pump.
It's holding near $88 while a $329M team allocation is being moved OTC to a single institutional buyer.
That means a huge amount of potential sell pressure isn't hitting the public order book.
And HYPE still has the fundamentals people keep watching: Hyperliquid's trading activity, fee generation and the upcoming token distribution.
But there's a catch.
Another unlock is coming in October.
So I'm not looking at $100 as a guaranteed destination. I'm watching whether HYPE can keep $86-$90 as a new base while the market absorbs the supply.
That would tell me much more.
Not financial advice. Do your own research and manage your risk. $HYPE
It's holding near $88 while a $329M team allocation is being moved OTC to a single institutional buyer.
That means a huge amount of potential sell pressure isn't hitting the public order book.
And HYPE still has the fundamentals people keep watching: Hyperliquid's trading activity, fee generation and the upcoming token distribution.
But there's a catch.
Another unlock is coming in October.
So I'm not looking at $100 as a guaranteed destination. I'm watching whether HYPE can keep $86-$90 as a new base while the market absorbs the supply.
That would tell me much more.
Not financial advice. Do your own research and manage your risk. $HYPE
