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Don't remind me again today

The first massive HYPE unlock has been completed, and the token price has not fluctuated significantly.

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On November 30, according to Tokenomist data, the first Token unlock of Hyperliquid was conducted on November 29 at 15:30 Beijing time, unlocking 9.92 million HYPE worth 312 million USD, accounting for 2.66% of the circulating supply. According to market information, there has been no significant price Fluctuation for HYPE after this unlock; it is currently reported at 34.4 USD, with a 24-hour fall of 1.43% and a rise of 7.9% this week. This unlock is the first since the TGE in November 2024. According to the official Medium article, core contributor Tokens are locked for one year after TGE, with most vesting expected to be completed between 2027 and 2028. Arthur Hayes explained the reasons for dumping HYPE on September 22: the massive unlock is the “sword of Damocles.”

HYPE-5.15%
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