$HYPE Update
☕️♨️Hyperlabs Unstakes 2.6 Million HYPE, Is a Dump Imminent?🌋
☕️The crypto community is shocked by a major move from Hyperliquid Labs (Hyperlabs), the developer behind one of the world's largest perpetual DEXs, Hyperliquid. The platform's core team has reportedly withdrawn 2.6 million HYPE from locked staking, sparking speculation about potential selling pressure.
☕️2.6 Million HYPE Potentially Released to the Market
According to upcoming unstaking data from Hypurrscan,Hyperlabs is currently recorded in the unstaking queue with a total of 2.6 million HYPE. This amount is considered quite large and has the potential to add selling pressure if it truly enters the market circulation.
☕️The transaction was first submitted last Friday. Currently, the countdown has five days remaining before the HYPE is officially released, prompting the community to start anticipating its potential impact on near-term price volatility.