The $1 Billion Facade: Why Hyperliquid's Treasury Strategy Can't Mask the $15.9 Billion Token Supply Overhang
The math is simple. Hyperliquid Strategies secured a $1 billion committed...
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Fear
Market Sentiment
92 million ARB released
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Team and early investor shares released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Block reward halving event
Block reward reduced to 3.125 BTC
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