Hyperliquid to Unlock $856 Million Worth of HYPE on October 6
- —HYPE unlock of $856 million set for October 6
- —Largest single token unlock scheduled in October
- —Total crypto token releases in October reach about $1.3 billion
- —HYPE gained 1.85% in September, its third straight positive month
Why it matters: The $856 million HYPE release could add selling pressure if holders take profits after the unlock.
Source: U.Today