Hyperliquid to Unlock $316M in HYPE Tokens on November 29
Hyperliquid's team unstaked 10 million HYPE tokens worth $316 million ahead of a November 29 unlock event. The unlock represents 3.6% of circulating supply designated for founders and team members. Market participants show divided sentiment, with options data pointing to institutional hedging at $28 while exchange outflows suggest accumulation by retail holders.