Whales Pour $6M Into HYPE Ahead of July 15 Unlock

Description

TL;DR $40M in HYPE will be unstaked before July 15, likely for staking via Kinetiq’s new platform. Liquidation data shows a major short cluster near $42, suggesting potential for a sharp short squeeze. Large Inflows and Whale Activity Fuel Interest in HYPE Four wallets collectively deposited $6.14 million in USDC into Hyperliquid, purchasing HYPE tokens seven hours ago. One newly created address alone contributed $1 million, acquiring 25,507 HYPE at an average price of $39.2. 4 wallets deposited...