Hyperliquid's biggest unlock day of the year is here. 📊
Tokenomist's schedule lists 9.92M HYPE — worth about $923M — unlocking for core contributors today, Nov 6. It is the largest single-day unlock of November's $1.72B total.
But the headline number is bigger than the reality: the Hyperliquid team says only 180,000 HYPE (about $15.7M) will actually be distributed today. October showed the same pattern — only ~3.75M of the scheduled ~9.92M HYPE moved to contributors.
HYPE rallied about 16% last week after ICE, the NYSE's parent company, announced plans to build a regulated US perpetuals market on Hyperliquid's infrastructure.
#Hyperliquid #HYPE #Crypto #DeFi #TokenUnlock #CryptoNews #Zimbuck
Tokenomist's schedule lists 9.92M HYPE — worth about $923M — unlocking for core contributors today, Nov 6. It is the largest single-day unlock of November's $1.72B total.
But the headline number is bigger than the reality: the Hyperliquid team says only 180,000 HYPE (about $15.7M) will actually be distributed today. October showed the same pattern — only ~3.75M of the scheduled ~9.92M HYPE moved to contributors.
HYPE rallied about 16% last week after ICE, the NYSE's parent company, announced plans to build a regulated US perpetuals market on Hyperliquid's infrastructure.
#Hyperliquid #HYPE #Crypto #DeFi #TokenUnlock #CryptoNews #Zimbuck
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