X @Wu Blockchain
Wu Blockchain·2025-09-22 06:24
Arthur Hayes explained his sale of 96,600 HYPE in the article “HYPE’s Damocles Sword.” Starting November 29, 2025, 237.8M HYPE will unlock linearly over 24 months, totaling $11.9B at $50 per token, or ~$500M monthly. Current buybacks cover only 17%, leaving a $410M monthly overhang. Sonnet and other DATs have raised $583M in HYPE and $305M in cash, but this may not fully offset the pressure.https://t.co/F276oQkTUx ...