X @Wu Blockchain

Arthur Hayes on HYPE's Potential Key RisksAt the Token 2049 Singapore conference, Arthur Hayes, co-founder of BitMEX, addressed his previous prediction that HyperLiquid's token (HYPE) would surge 126x—only to sell his position one and a half months later. He stated that the "Sword of Damocles" hanging over HyperLiquid lies in token unlocks and intensifying competition: starting in November, the platform will have $500 million worth of team tokens available for circulation annually. Additionally, its previou ...