HYPE faces a large withdrawal of 3.2 million tokens within 5 days, with multiple whale holdings decreasing simultaneously.

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【Blockchain Rhythm】On-chain data has shown a noteworthy signal. According to on-chain analysts’ statistics, over the next five days, more than 3.2 million HYPE tokens will face unstaking. This large quantity of tokens is likely to enter market circulation, potentially exerting some selling pressure.

Specifically, the Continue Fund plans to complete the unstaking of 1.2 million HYPE tokens by January 21. Additionally, a large institution controlled by Tornado Cash-related funds is also pushing for the unstaking of 1.5 million HYPE tokens, which will start to be distributed gradually tomorrow.

It is worth mentioning that the Trove project, which previously attracted attention due to controversy, is also currently unstaking, with a scale of 380,000 tokens. Multiple large holdings unstaking simultaneously may cause some liquidity shocks in the short term.

HYPE-3,05%
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tokenomics_truthervip
· 2h ago
The timing of this unstaking wave is quite interesting. Continue Fund, Tornado-related parties, and Trove's three major holders are acting simultaneously, which feels like they've seen something in advance. 3.2 million tokens were sold off in a short period, and the key point is that Tornado's 1.5 million tokens will start distribution tomorrow. These next couple of days are likely to be under pressure.
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WhaleMistakervip
· 01-19 08:30
I think the timing of this wave of unstaking is a bit deliberate, with several big players acting together, clearly racing against time. The 1.2 million tokens on Continue Fund are manageable, but the 1.5 million on Tornado will be released directly tomorrow, plus the 380,000 from Trove, which indeed creates significant short-term selling pressure. However, on the other hand, such large-scale unstaking might actually be a signal of building positions, as true whales wouldn't openly dump their holdings all at once.
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FOMOSapienvip
· 01-19 08:28
Five million 2,000,000 tokens are dumped in five days, which is indeed quite intense.
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TokenSleuthvip
· 01-19 08:10
This wave of unstaking timing is too coincidental, it feels like they're rushing to meet a deadline. Combine Continue and Tornado, totaling 2.7 million tokens. If they all dump at once, how will the market handle it?
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