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enkizh.eth
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enkizh.eth
$HYPE The primary reason for yesterday's decline was the selling pressure of certain team tokens, not a sudden deterioration in fundamentals. Short-term supply outweighed buybacks, and the long-term logic of value capture remains.
HyperLabs redeemed 433,000 HYPE, 75,000 have been converted to USDC, 90,000 have entered OKX/Bybit, and 165,000 have been handed over to Flowdesk.
Loracle addresses have unstaked 336,620 tokens, confirmed on-chain in the unstaking process, but not yet fully sold.
In the short term, it's bearish, but if you are bearish, don't short. Persistence is value investing
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
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