Hyperliquid's HYPE token sees $550M unlock for core contributors on August 6, while Singapore's MAS issues investor alert
Nearly 10 million HYPE tokens, valued at approximately $550 million at current prices, unlocked for core contributors on August 6, as part of a monthly series running through 2027. This comes as the HYPE token has fallen 5% on the week and 28% from its June 16 record. Additionally, Singapore's Monetary Authority of Singapore (MAS) added Hyperliquid to its investor alert list in late June, following earlier warnings from the U.K. CME and ICE executives are also pushing the CFTC to review Hyperliquid's commodity perps.
Source:CoinDesk · Source Link
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