Whale Accumulation of HYPE Token Ahead of $314M Unlock: Potential Price Volatility Looms

The decentralized exchange Hyperliquid is set to release 9.92 million HYPE tokens, valued at $314 million, on November 29th, 2025, marking a significant event in the cryptocurrency market. This massive unlock is generating considerable attention from whales who are actively accumulating tokens ahead of the event. Concerns about potential price volatility have arisen, with historical data showing similar token unlocks lead to significant price drops in past events.