$HYPE About project unlocking, will the chips be dumped in the short term?
Airdrop unlocking: If it is a token unlocking aimed at the community, it is highly likely to be sold off immediately—the vast majority of users' first reaction after receiving the airdrop is to cash out.
Project party unlocking: Taking HYPE as an example, the tokens unlocked for the project party team, whether to sell or not completely depends on the market price:
• If the coin price is at a high level, the project party may choose to sell part or all of it to cash out and profit
• If the coin price is at a low level, the project party is more inclined to hold and wait for a better opportunity
• Essentially, the project party is the "big player," holding the chips and controlling the market
Unlike retail investors: Retail investors often choose to cash out early due to uncertainty about future trends.
As the project party is the "big player," they have the advantage of information and market control. The more chips they have, the less likely they are to sell off quickly—they understand the art of waiting and raising prices better.
So, when you see unlocking news:
First, clarify who the unlocking target is, and then determine where the actual selling pressure comes from.
Especially pay attention to the project party's movements after unlocking, as this is often the key to influencing the mid-term trend!
