2026-01-16 19:33:44

Tornado Cash has dumped again, just releasing 549,000 HYPE. It is said that they plan to gradually sell another 2 million HYPE for the rest of this month. Interestingly, despite such heavy selling pressure, HYPE has actually held up and even increased in value, indicating that the market's buying capacity is really strong. Once this wave of major sell-offs is over, the chip distribution of HYPE will be completely changed.

HYPE-2,79%

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DefiPlaybook

· 01-19 18:38

According to on-chain data, the 549,000 HYPE tokens unlocked indeed constitute significant selling pressure, but whether the price rebounds should be viewed from multiple perspectives—first, whether institutional buyers are stepping in; second, the liquidity depth of HYPE itself. It is worth noting that a simple "not falling but rising" does not directly equate to strong buying capacity; it may just be a temporary illusion within the volatility cycle.

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HorizonHunter

· 01-18 22:49

Oh my, these bagholders are really outrageous. Even after the big loss, it still goes up? They must be so desperate.

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BackrowObserver

· 01-18 21:29

Throwing 2 million? How hardcore does this bag-holder have to be, I’m truly impressed. --- Change in the chip structure, in simple terms, it’s just a shakeout, I’ve seen this routine too many times. --- Not falling but rising? How many institutions are secretly protecting the market? Thinking about it in detail is terrifying. --- Tornado is starting to cut leeks again. How long this can last depends on the subsequent market conditions. --- Wait, why is the buying volume so fierce? It feels like someone is betting on something. --- Holding on is a good sign? I feel like this is more like the last wave of absorption. --- 200,000 HYPE is being poured in one after another. Still dare to buy? These people really dare to play. --- Before the change in the chip structure, the retail investors must be thoroughly wiped out. Old routine, brother. --- So many bag-holders mean HYPE really has something, or it’s just collective temper tantrum.

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AirdropHustler