Hyperliquid (HYPE) Faces a $330M Supply Injection

[cryptoenthusiast]

Hyperliquid will unlock 12.46 million HYPE tokens on January 6, worth approximately $330 million, making it the largest single unlock event this week. The release represents 3.6% of the current circulating supply and follows another major unlock just days earlier, increasing short-term supply pressure.

All newly unlocked tokens will be distributed to core contributors, which markets often interpret as a higher-risk unlock category. For traders, this makes HYPE a key volatility watch, particularly given its role as the native asset of a high-performance on-chain perpetual futures exchange.

[96f402f86e]

contributor unlocks are the sketchiest kind, doesnt mean instant dump but risk is real