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Anyone holding or planning to buy $HYPE should pay very close attention to this.
Over the next 7 days: nearly $500 million worth of HYPE
(~7.66 million tokens)
is scheduled to unlock.
And the biggest event arrives on May 28: 4.02 million HYPE (~$300 million) will hit the market.
What makes this even more intense is that Loracle, one of the most well-known HYPE short sellers in the market, is also set to unlock: 893K HYPE (~$57 million)
Immediately, the market started asking the same question:
Will this become: massive sell pressure that violently shakes HYPE?
Or… will the bulls continue absorbing supply the way they have throughout this entire rally?
This is an extremely sensitive moment.
Because HYPE is still holding one of the strongest structures near ATH,
liquidity has not left,
and speculative sentiment remains very aggressive.
But in crypto: major unlock events are the ultimate test of real market strength.
If buyers successfully absorb this enormous wave of supply…
HYPE could shock the market once again.
But if liquidity starts weakening…
the volatility ahead could become extremely violent.
#OKXPizzaDay
#HYPEBullBearShowdown
$HYPE $BTC $ETH
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