2026-01-05 11:21:38

Latest monitoring shows that a cluster of addresses has unlocked and started selling 262,400 HYPE tokens. Although this unlock size seems limited, it warrants close attention given the recent market context.

From a data perspective, the total supply of HYPE is 1 billion tokens, with current circulating supply approximately 238 million to 339 million tokens. On December 29, an unlock of 9.92 million tokens occurred, and within just a week, two large unlocks took place, indicating that the market’s absorption capacity has been significantly overstretched. More critically, on January 6, an additional 1.2 million tokens from the team are about to unlock, creating a "chain reaction of selling pressure."

Historically, a small-scale unlock of 17,500 tokens in November 2024 directly caused a 4.6% price drop. The current unlock scale is more than ten times that size, so the selling pressure can be imagined. In the short term, HYPE is expected to face a 3-5% correction, and market sentiment in the altcoin sector will also be under pressure.

It should be noted that these technical negative signals mainly impact short-term performance. In the medium to long term, the pace of individual token unlocks will not alter the overall recovery trend of the crypto market. The movement of mainstream assets like Bitcoin remains the key factor in determining the market tone.

HYPE-3,89%

BTC-2,92%

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AirdropHuntress

· 21h ago

It's another series of unlocks. The project's tokenomics design really has issues. Pay attention to the subsequent actions of these wallet addresses.

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ETHReserveBank

· 01-06 21:30

HYPE, this wave of continuous selling pressure is quite intense. The consecutive unlocks in a short period really exhaust the market's capacity to absorb it. This is truly a sign of the "team's confidence"... haha. Although a short-term adjustment of 3-5% is inevitable, as long as BTC remains stable, everything else is manageable. Altcoins still have to look at the mainstream assets' performance to determine their direction. With such dense unlock waves, it feels like we're helping the bears take over. Really, the technical signals of these small coins are alarming, but ultimately, Bitcoin still holds the power.

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0xTherapist

· 01-06 19:46

HYPE's unlocks are really never-ending this time, with continuous selling pressure that no one can withstand... It's indeed tough in the short term, but as long as Bitcoin stays stable, it's not a big problem. Let's wait and see.

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BlockchainBrokenPromise

· 01-05 12:58

This wave of unlocks is pretty intense, the continuous selling pressure is really unbearable --- It's another unlock causing a dump, altcoins are just being cut like this --- I've always said small-cap coins are high risk, and this time it's like a roller coaster --- Wait, there are still 1.2 million coins on January 6th? The relay baton is being passed too frequently --- When Bitcoin is inactive, these small coins become live targets --- That 4.6% drop was just for unlocking 17,500 coins, now it's dozens of times more... Those who understand know --- As long as the mainstream doesn't collapse, short-term adjustments are no big deal, but this pace is really disgusting --- Market absorption capacity is overextended, who dares to take the plunge --- The altcoin sector needs to catch its breath again, the unlock wave is really damaging

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digital_archaeologist

· 01-05 11:49

Why is the hype so frequent this wave? The continuous selling pressure is directly exhausting the market’s absorption capacity... Short-term might get hammered down. --- It's another unlocking wave, altcoins are taking the hit directly. At times like these, it’s still about watching BTC’s moves. --- 26 million tokens isn’t a lot, but with this pace... two large unlocks per week are really unsustainable. --- Just a week ago, 9.92 million were unlocked, and now again... Do they want to clear out liquidity? --- Historical comparison examples are a bit alarming. A 4.6% drop at 17,500, and now it’s several times that scale... Need to be cautious. --- Honestly, it’s still a short-term blowout; the medium to long-term depends on how big coins move. Single-token unlocks can’t change the overall situation. --- There’s also a team unlock scheduled for January 6 next year. This continuous cycle is really intense. --- The selling pressure is so strong that a 3-5% correction pressure is indeed a bit tough. --- The circulating supply isn’t large to begin with, and now with consecutive unlocks... the market is really struggling.

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AirdropGrandpa

· 01-05 11:48

Another round of unlocking and dumping, HYPE is really playing itself to death The continuous selling pressure is truly intense, it might be completely cooled off in the short term Wait, there's still 1.2 million on January 6... this pace is a bit toxic But to be fair, as long as Bitcoin stays stable, it doesn't matter if altcoins die or survive These small coins are just unfortunate; unlocking and selling happen one after another

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GasOptimizer

· 01-05 11:46

Chain unlocking is just chain cutting. I’ve calculated this data model, and the capacity to sustain has indeed been overdrawn.

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ApeWithNoFear

· 01-05 11:36

Oops, it's another unlocking wave... Small-cap coins might need to catch their breath this time. The continuous selling pressure is indeed quite intense; there will be another wave on January 6th, it's never-ending. Small-cap coins are like this; if the mainstream coins can stay stable, it wouldn't be a big problem.

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BlockchainDecoder

· 01-05 11:30

According to research, the core issue of this series of unlocks is not the size itself, but the time density. Data shows that multiple large-scale unlocks within a short period can create a market absorption vacuum, with a precedent already set in November 2024. It is worth noting that while historical benchmarks can indicate short-term adjustment ranges, from a technical architecture perspective, the liquidity pressure on individual tokens is often overestimated by the market. It is recommended that everyone analyze calmly: this 3-5% adjustment pressure essentially reflects market sentiment rather than fundamental issues. The movement of Bitcoin is the key variable that determines the final performance of the altcoin sector.

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