Hyperliquid's HYPE token (CRYPTO: $HYPE) pushed to a new all-time high of $83.27 over the weekend, extending its 2026 rally just days before a $1.2 billion token unlock puts fresh supply into the market.
HYPE reached the record on Sunday before pulling back toward $77.50, leaving the token with a market capitalization near $19.5 billion. The Aug. 29 unlock will release 14.18 million HYPE, equal to about 1.4% of total supply and 2.7% of the token's market value.
Nearly half of that release is headed to insiders. Early investors are set to receive 46.6% of the unlocked tokens, while 46.3% goes to the community and 7% to the Hyper Foundation. At current prices, the insider allocation is worth roughly $560 million.
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HYPE reached the record on Sunday before pulling back toward $77.50, leaving the token with a market capitalization near $19.5 billion. The Aug. 29 unlock will release 14.18 million HYPE, equal to about 1.4% of total supply and 2.7% of the token's market value.
Nearly half of that release is headed to insiders. Early investors are set to receive 46.6% of the unlocked tokens, while 46.3% goes to the community and 7% to the Hyper Foundation. At current prices, the insider allocation is worth roughly $560 million.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#unlock #million
2 months ago
