Analysis: The Hyperliquid Aid Fund currently holds 5.62% of HYPE's circulating supply
Arete Capital's managing partner McKenna pointed out that, based on the revenue generated by the current low trading volume, it is estimated that the Hyperliquid Aid Fund will take 4.93 years to purchase the entire circulating supply of Hyperliquid. Currently, this fund holds 5.62% of the circulating supply and purchases approximately 140,000 HYPE every day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks end previous three-week winning streak
U.S. Senate Democrats propose plan to end government shutdown
Ethereum validator queue surges, with over 1.5 million ETH waiting to be staked