Hyperliquid HYPE Unlock Shows Lower Selling Pressure, Hinting at Potential Future Stability
The post Hyperliquid HYPE Unlock Shows Lower Selling Pressure, Hinting at Potential Future Stability appeared on BitcoinEthereumNews.com.
The Hyperliquid HYPE token unlock on November 29 released 1.75 million tokens valued at around $9.5 billion, but selling pressure was minimal. Only 23% of the tokens were sold via OTC desks, with over 40% restaked and 35% held, defying earlier fears of heavy dumps. Minimal Selling: Just 609,000 HYPE tokens (23%) were sold post-unlock, far below projections. Restaking Dominates: Four wallets restaked 234,600 tokens (9%), and the team added 854,000 more (33%) through Hyperlabs. Holding Strength: Remaining 35% of unlocked supply held by team members, signaling confidence; HYPE price dipped only 1.7% to $33.80. Discover how Hyperliquid’s HYPE token unlock surprised markets with low selling pressure and strong restaking. Explore implications for DEX leaders and investor strategies today. What Happened During the Hyperliquid HYPE Token Unlock on November 29? The Hyperliquid HYPE token unlock on November 29, 2025, involved the release of 1.75 million tokens from a total supply cliff, initially raising concerns about market pressure. However, on-chain data revealed limited selling, with just 23% of the unlocked tokens traded over-the-counter, while a significant portion was restaked or held. This outcome highlights the project’s resilient community and contrasts with bearish forecasts from industry figures. How Did the Actual Selling Pressure Compare to Expectations? The unlock event for Hyperliquid’s HYPE token was anticipated to trigger substantial selling, but reality proved otherwise. On-chain analyst Kirby Crypto, monitoring post-unlock flows, reported that only 609,000 HYPE tokens—equivalent to 23% of the 1.75 million released—were sold through OTC desks. This figure represents a mere $20 million in sales, a stark 96% below the $500 million monthly pressure projected by BitMEX co-founder Arthur Hayes. Kirby Crypto noted, “Overall, there is far more hodling and re-staking over selling. If future unlocks are the same, unlock pressure would be far lower than expected.” Supporting this, four key…
Filed under: News - @ November 30, 2025 10:22 am