Today, May 28-29, 2026, is a crucial day for HYPE:



· Token unlock of $228 million happening today!
· 4.02 million HYPE from 4 major wallets (including the "Loracle" wallet with an aggressive selling history) will be available.
· That’s equivalent to ~$230 million potential sell pressure at the current price.

Well, this is what caused HYPE to drop 9.55% in the last 24 hours. The market is anticipating a sell-off from major holders whose tokens are just unlocked.

#StockTradingChallengeUpTo17000U
HYPE7.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned