Maelstrom Warns of HYPE Token Pressure as $11.9B Unlock Looms: Market Faces Critical Test
The Hyperliquid (HYPE) token is bracing for a significant supply shock, as Arthur Hayes’ Maelstrom Fund warns of the “first true test” for the cryptocurrency’s price stability and market sustainability. Starting November 29, a 24-month vesting schedule will unlock nearly $12 billion worth of HYPE tokens putting monthly supply overhang at an estimated $410 million…