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    Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.

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    HYPE Price Faces Major Test as $500M Unlocks Begin Amid Market Jitters

    Story Highlights
    • HYPE price faces its biggest test yet as $500M monthly token unlocks begin Nov. 29.

    • Bulls aim for $60-$80 targets if momentum holds above $48.74.

    • Arthur Hayes' related firm, Maelstrom, sheds light on HYPE vesting schedules bearish significance.

    The HYPE price is approaching a critical moment in the next quarter with the start of monthly token unlocks that could create significant selling pressure. 

    Beginning November 29, Hyperliquid crypto will release millions worth of tokens, and the entire vesting schedule will distribute $11.9 billion worth of tokens. To this analyst sees as a significant looming selling pressure that will be testing both investor sentiment and market resilience. This phase may determine whether bullish momentum can withstand the looming supply shock.

    HYPE Price Today and Market Setup

    At the time of writing, HYPE price today trades at $48.74, recovering from an intraday dip to $46.5 and staying above the 50-day EMA

    The Hyperliquid price chart recently showed an ascending triangle breakout that pushed HYPE price USD to a fresh all-time high of $59.29. However, profit-taking quickly set in, pulling the token back before bulls managed to stabilize price action.

    HYPE Price Faces Major Test as $500M Unlocks Begin Amid Market Jitters

    Despite short-term volatility, traders are closely watching whether Hyperliquid crypto can reclaim the $60 zone and extend toward $80 by year-end. Yet, the challenge of absorbing massive token unlocks now overshadows bullish sentiment.

    The Sword of Damocles: $500M in Monthly Unlocks

    Starting November 29, the vesting schedule for Hyperliquid begins, distributing roughly $11.9 billion worth of HYPE tokens over 24 months. 

    Each month, $500 million worth of tokens will be released, creating what some see as the first true test of Hyperliquid’s tokenomics.

    Current buybacks would absorb only about 17% of that monthly supply, leaving nearly $410 million in potential overhang. 

    While partnerships with entities like Sonnet BioTherapeutics and Rorschach, which together manage over $583 million in HYPE tokens and $305 million in cash, are going to help establish token treasuries, these efforts remain limited compared to the scale of upcoming unlocks, per Maelstrom data.

    Technical Outlook: Key Levels to Watch

    The short-term outlook remains mixed. If bullish traders can maintain momentum, HYPE price prediction models point toward a push to $60 and potentially $80 by the end of 2025. This aligns with earlier projections that Hyperliquid crypto could sustain exponential growth in the right conditions.

    On the downside, immediate support levels sit at $42 and $39. A breakdown below these areas could signal deeper corrections and shift the tone of the HYPE price forecast. 

    Therefore, the looming supply shock tempers enthusiasm, making the next few months crucial for establishing a sustainable market structure.

    That said, HYPE price stands at a crossroads, which is at the moment balancing bullish momentum and long-term growth prospects against heavy short-term supply risks that will test both conviction and liquidity.

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    FAQs

    What is the HYPE token unlock?

    Starting November 29, Hyperliquid will release $500 million worth of HYPE tokens monthly, a major supply increase that could create significant selling pressure.

    Why is the HYPE price dropping?

    The price faces pressure from profit-taking after a recent all-time high and investor concern over upcoming massive token unlocks that may flood the market.

    What is the HYPE price prediction for 2025?

    If bullish momentum holds, some predictions target $60 to $80 by year-end. However, this depends on absorbing the new token supply without a major sell-off.

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