Arthur Hayes: The only way out for HYPE is to achieve massive revenue rise, and even if the team guarantees not to sell, there will still be selling pressure.

On November 24, Arthur Hayes responded on social media regarding the topic “With only 5 days left until the first unlocking of HYPE, the community wants to know the future management plan for the Token and the strategic layout for 2026 and beyond” by stating: “A simple calculation shows that for HYPE to break through uncertainty, the only way out is to achieve massive revenue rise. Even if the team promises not to sell, such a commitment has no binding force. Therefore, it must be assumed that there will be selling pressure every day. The market has long seen through this - since the price hit an all-time high in July, the P/FDV (Fully Diluted Valuation) ratio has already slumped by 50%.” BlockBeats previously reported that according to Tokenomist data, the first unlocking of the Hyperliquid project's Token will take place on November 29 at 15:30 Beijing time, expected to unlock 9.92 million HYPE worth $312 million, accounting for 2.66% of the circulating supply. This will be the first unlocking since the TGE in November 2024.