I've made plenty of big time plays in web3 since I got involved in the space back in 2017.
Cryptopunks was the best call.
The network I've built up? Already valued in at 7 figures.
The art? Legendary. Prestigious. Irreplaceable.
@cryptopunks is the future for NFTs.
Almost ~$500M in $HYPE sell pressure over the next 7 days: Should we be worried?
7.66M HYPE will be unlocked over the next seven days. The top 3 wallets hold more than 10% of the current unlock volume.
The second-largest wallet belongs to Loracle, who in 3 days will receive 893.6k HYPE (~$57M) and is very likely to start selling.
https://t.co/ggjcOhhC00
The most significant day will be May 28. On that day, 4.02M HYPE (~$300M will return to spot) will be unlocked.
I am more than confident that a large percentage of these unlocks will be directed toward selling. Many people will take profits – and that’s completely normal.
Two key questions will ultimately decide the future of $HYPE:
• Will we see strong ETFs inflows, and how powerful will they be?
• How will the regulatory adoption process for Hyperliquid unfold?
We truly have a massive week ahead.
My recommendation: Drop leverage and focus on spot. This way you won’t get liquidated and can patiently wait for higher targets.
Monitoring the situation.