$HYPE Has already let contract fans sell off first. There have been quite a few developments with hype in the past couple of days. The contract took profits first, while spot holdings wait to add positions. Yesterday, the reason for pulling out with fans was to unlock tokens; 422k tokens were unlocked yesterday, accounting for 0.18% of the circulating supply. Although the impact was small, it became a high-level dumping chip. Under multiple influences, this still led to a decline in hype, repeatedly smashing through the 44-45 resistance level. For short-term stakers, seeing no upward movement, they immediately redeemed, causing continuous small sell pressure. Mainstream BTC also declined, taking hype down with it. However, from the current perspective, this wave of decline has successfully absorbed the released chips. Just now, a whale staked another $15 million worth of hype. Large investors added positions, institutions staked, and hype’s circulating supply decreased again. Is this preparing for a decisive push to break through the 45 resistance level? Next, both contract and spot holdings are positioning themselves🀄. Don’t want to miss out, follow me.