🔥 $HYPE UNLOCK DAY: $340M DROPS, BUT NOT ON YOUR ORDER BOOK 🔥

3.75M $HYPE (~$340M) unlocks on October 6, and this isn't your typical "brace for the dump" event.

👀 The twist: the entire batch goes OTC to ONE institutional buyer. No flood of sell orders and no panic on the order books, at least on paper.

Meanwhile:

🔥 Hyperliquid's buybacks keep running

🔥 Another ~$10M in $HYPE just got burned

📊 Bloomberg Terminal now carries Hyperliquid market data

Supply is coming in while the protocol keeps soaking it up, and Wall Street's terminals are now watching.

The real questions:

1️⃣ Does the OTC buyer hold, or quietly distribute later?

2️⃣ Do buybacks keep outpacing new supply?

3️⃣ Will traders front-run the fear anyway?

Big unlocks usually mean fear. This one is built differently, but the market doesn't always care about structure. 😏

Where do you stand? 👇

🟢 OTC = contained, bullish

🔴 Fear still wins, price dips

⚪ Waiting for the dust to settle

#HYPE #Hyperliquid #TokenUnlock #BinanceLaunchesBinanceIntelligence #EvernorthXRPTreasuryCompletesSPACMerger