BlockBeats News, September 30th, well-known “bankruptcy” trader James Wynn utilized rebates to open a 10x short position on HYPE, with a position value of only $66,000, opening price of $45.25, and liquidation price of $47.483. James Wynn stated, “ASTER is rapidly gaining market share, squeezing Hyperliquid. I don’t see this train slowing down. Coupled with the November unlocking of HYPE tokens, I believe this is bearish for HYPE holders, so I chose to short.”
Earlier market analysis indicated that starting from November 29, 2025, 237.8 million HYPE tokens will begin linear unlocking over 24 months.
