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3.75 million HYPE tokens unlock tomorrow, who will take the $340 million chips?
On October 6, about 3.75 million HYPE tokens will unlock, worth approximately $339 million at the current price, accounting for 1.69% of the circulating supply. The percentage looks moderate, but in dollar terms, it's a different story.
The current challenge for $HYPE is not about how good the story is, but whether the market can absorb this batch of new tokens. Unlocking doesn't mean immediate selling: some
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