In the last 3 months, some whales holding hundreds of millions in $HYPE have aggressively sold off their HYPE positions. Additionally, we're on the verge of some massive unlocks that are generating a ton of FUD on the timeline.
However, during this period, HYPE has only dropped 5%, while other blue chips have seen declines of approximately 20% or even more, furthermore, all these coins are hitting new lows, but the hype is holding on.
Hyperliquid.
For those waiting sub 30s to bid HYPE I highly doubt you are going to get the price you want. We are 3 days away from a $305M TWAP from Hyperliquid Strategies Inc followed by another $1Bn raise post closing.
You have entities purchasing 500K HYPE to launch HIP-3 DEXs and the AF purchasing $3.6M per day. Paradigm also essentially staked the majority of their HYPE holdings.
BTC traded at $94k and HYPE refused to break it lows and on any relief will tear upwards once people realise just how much capital is about to pour into HYPE.
HYPE is about to become a prominent name on Wall St as it's the only protocol generating >$1Bn in revenue annually outside of the Stablecoin issuers and major CEXs.
Think we see $80-100 HYPE by the end of summer 26.
$HYPE
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