BlockBeats News, September 22, Arthur Hayes retweeted an analysis article titled “The Sword of Damocles of HYPE” and stated, “This is the reason for today’s sale of 96,600 HYPE tokens. But don’t worry, a 126x increase is still possible, and 2028 is still far away.”
The analysis mentioned that HYPE is about to face its real test. Starting from November 29, 2025, 2.378 billion HYPE tokens will begin to unlock linearly over 24 months. Based on a token price of $50, this amounts to a $119 billion team unlock, with nearly $5 billion in tokens entering the market each month. The analysis points out that the current buyback ability can only absorb around 17% of the unlocked tokens, leaving an excess token supply of approximately $4.1 billion per month. The token unlock is a potential “Sword of Damocles.”
This morning, Arthur Hayes sold 96,600 HYPE tokens worth $5.1 million. Just three weeks ago, he predicted that the price of HYPE could increase by 126x in the coming years.
