Arthur Hayes: The only way out for HYPE is to achieve massive revenue rise, and even if the team guarantees not to sell, there will still be selling pressure.

BlockBeats news, on November 24, Arthur Hayes responded on social media regarding “there are only 5 days left until the first unlocking of HYPE, and the community wants to understand the future management plans for the token, as well as the strategic layout for 2026 and beyond.” He stated: “A simple calculation shows that for HYPE to break through uncertainty, the only way out is to achieve huge revenue growth. Even if the team guarantees not to sell, such a promise has no binding force at all. Therefore, it must be assumed that there will be selling pressure every day. The market has seen through this long ago - since the price hit an all-time high in July, the P/FDV (Fully Diluted Valuation ratio) has already experienced a 50% Slump.” According to previous reports from BlockBeats, data from Tokenomist indicates that the first unlocking of the Hyperliquid project's token will take place on November 29 at 15:30 Beijing time, with an estimated unlocking of 9.92 million HYPE worth $312 million, accounting for 2.66% of the circulating supply. This will be the first unlocking since the TGE in November 2024.