Hyperliquid faces $1.3B HYPE token unlock on October 29
- —About 14.2M HYPE worth $1.3B unlocks on October 29, or 1.4% of supply
- —The unlock equals 2.6% of HYPE's current market cap
- —Rain releases 37.2B RAIN worth $479M on October 10, 5% of market cap
- —Layer One X unlocks $194M on October 7, equal to 6.5% of market cap
Why it matters: A larger tradable supply could add selling pressure on HYPE, though team and foundation allocations may not hit exchanges immediately.
Source: Crypto Insiders