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Arthur Hayes forwarded the research saying that HYPE is facing unlocking pressure and said that this is the reason for selling HYPE
2hours ago

According to Odaily Planet Daily, Arthur Hayes retweeted a post by researcher @lukas_rppt on the X platform, stating that HYPE tokens will begin linear unlocking on November 29th, with the team unlocking a total of 237.8 million tokens over the next 24 months. Based on the current price of $50, this translates to a total market capitalization of approximately $11.9 billion, with approximately $500 million entering the market each month. The research indicates that current buyback levels can only absorb approximately 17%, leaving the remaining $410 million in monthly supply pressure as a potential risk. Arthur Hayes commented, "This is why we're selling HYPE today. But don't worry, a 126x return is still possible, and 2028 is still a long way off."