Tornado Cash has dumped again, just releasing 549,000 HYPE. It is said that they plan to gradually sell another 2 million HYPE for the rest of this month. Interestingly, despite such heavy selling pressure, HYPE has actually held up and even increased in value, indicating that the market's buying capacity is really strong. Once this wave of major sell-offs is over, the chip distribution of HYPE will be completely changed.
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AirdropHustler
· 13h ago
Change in chip structure? Bro, this is called shaking out the weak hands, retail investors are rushing in.
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DeadTrades_Walking
· 13h ago
Despite such strong selling pressure, it still rises. Looks like someone is really accumulating at the bottom.
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GateUser-75ee51e7
· 13h ago
Bro, the selling pressure this time was really intense, but HYPE holding up is indeed quite interesting.
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MissingSats
· 13h ago
This chip shuffle, retail investors are going to get hurt again.
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PrivacyMaximalist
· 13h ago
This dump is really brutal, but the fact that the bagholders are so proactive is quite surprising.
Tornado Cash has dumped again, just releasing 549,000 HYPE. It is said that they plan to gradually sell another 2 million HYPE for the rest of this month. Interestingly, despite such heavy selling pressure, HYPE has actually held up and even increased in value, indicating that the market's buying capacity is really strong. Once this wave of major sell-offs is over, the chip distribution of HYPE will be completely changed.