Arthur Hayes mocked the notion that Jeff would never sell his tokensIn a November 3rd interview with Guy on the Coin Bureau channel, Arthur Hayes questioned the blind faith some investors have in Jeff never selling his tokens, arguing that even if Jeff is very wealthy, he's still likely to cash out part of his holdings. Hayes added that the expected sell off after the token unlock could trigger further multiple compression. He plans to buy back HYPE at the right time and valuation multiple after the unlock, ...

Token Unlocks - This week's top 7 tokens have a total unlock value of $142.25 million [1] - $PUMP leads the unlocks with $41.57 million [1]

Token Unlocks - Over $220 million worth of tokens will be unlocked this week [1] - $TON will unlock the largest amount, $80 million, on October 23rd [1]

celestia unlocks 175m tokens october 30. that's 67% supply increase in one day worth $805m at current price. vcs paid $0.20 for tokens trading at $4.60. if tia crashes past 50% it signals $50b in unlocks coming q1 2025 can't be absorbed. arbitrum's $1.8b cliff in march becomes guaranteed carnage ...

Market Dynamics - Binance becomes a validator for IOTA, indicating confidence in the project's viability [1] - Exchanges typically do not dedicate resources to failing projects, suggesting a positive outlook for IOTA [1] Tokenomics - A 278 million USD token unlock is scheduled for next week [1] - 10 million anniversary tokens are being allocated to 299% APR staking rewards [1] - The market may experience selling pressure following the token unlock [1]

Token Unlocks - Over $3.9 billion worth of tokens are scheduled to be unlocked in October [1] - $ASTER leads the unlocks with $503.58 million [1] - $SUI follows with $180.4 million [1] - $XPL has $90.06 million worth of tokens to be unlocked [1]

Core Insights - The SUI token of the Sui network experienced a 3.3% decline in value, dropping from $3.32 to $3.21, indicating a confirmed downward momentum as it broke through the $3.26 support level [1] - The broader crypto market, as measured by the CoinDesk 20 Index, also saw a decline of approximately 2% in the same timeframe [1] Trading Activity - Transaction volumes significantly exceeded the daily average of 6.9 million, indicating coordinated selling by large holders [2] Token Unlock Events - SUI Corporation is initiating a $143.9 million token unlock, releasing 44 million tokens between September 29 and October 6, contributing to market pressure [3] - This token unlock is part of a larger trend, with over $773 million worth of cryptocurrency vesting events occurring in the same week, including significant unlocks from other projects like Ethena ($126.8 million), Eigen ($68.6 million), and Optimism ($21.3 million) [3] Market Sentiment - Traders are facing concerns regarding both technical weaknesses and the influx of new supply, which could further depress prices even if demand remains stable [4] - The critical test for SUI will be whether buyers can maintain the $3.20 support level amidst ongoing unlock cycles [4]

Core Insights - A significant whale withdrew $122 million in HYPE tokens from Hyperliquid, raising concerns about potential sell-offs as the investor holds over $90 million in unrealized gains from a nine-month investment [1] - High-profile exits from notable traders, including Arthur Hayes and Ansem, are linked to fears surrounding upcoming token unlocks scheduled for November 29, which could lead to substantial selling pressure [2][7] - The price of HYPE dropped 12% to $49.20 amid selling pressure, despite Hyperliquid maintaining daily trading volumes over $10 billion, indicating a potential supply overhang due to upcoming unlock events [3] Market Dynamics - Arthur Hayes sold his entire HYPE position for $5.1 million, realizing a profit of $823,000, while warning that 237.8 million tokens worth $11.9 billion could create $500 million in monthly sell pressure over the next two years [2][6] - The projected monthly buybacks of $85 million are insufficient to counterbalance the $500 million in monthly token unlocks, leading to a $410 million monthly supply-demand imbalance [6] - Aster exchange introduced 300x leverage trading for HYPE tokens, suggesting that major players may be positioning for significant price movements amid the current volatility [4] Competitive Landscape - Hyperliquid faces competitive threats from established exchanges and new platforms like Lighter.xyz, indicating challenges beyond tokenomics [7] - The bearish sentiment among influential traders is further exacerbated by Ansem's sale of 10,126 HYPE tokens worth $492,000, contributing to the overall negative outlook [7]

🚨 UPDATE: Over $353M worth of tokens will be unlocked this week.The largest will be $89.8M unlocked by $FTN on Sept. 19. https://t.co/Vez5RtMVcv ...

Token Unlocks - September 将有超过 21 亿美元的代币被解锁 [1] - $SUI 领衔解锁，价值 1.8422 亿美元 [1] - $ENA 解锁价值 6003 万美元 [1] - $APT 解锁价值 4779 万美元 [1]