ME News reported on December 19 (UTC+8), that according to market data, HYPE has decreased by 7.7% in the last 24 hours, currently quoted at $22.4, marking the lowest price since May 8, 2025, a drop of over 62% from the historical high of $59.4. The current total market capitalization is $7.6 billion. The initial token unlock of Hyperliquid was conducted at 15:30 Beijing time on November 29, unlocking 9.92 million HYPE valued at $312 million, accounting for 2.66% of the circulating supply. After the unlock on that day, HYPE did not experience significant price fluctuations, quoted at $34.4. This unlock is the first since the TGE in November 2024. According to an official Medium article, core contributor tokens are locked for one year after the TGE, with most vesting scheduled to be completed between 2027 and 2028. (Source: ME)