source avatarVietnamPenguin

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The liquidity distribution in the HYPE/USDC pool on @NestExchange is pretty interesting. Looks like most people already “got off the train” somewhere around $68, with the last batch exiting around $84. Now that liquidity basically turned into support, where sidelined buyers will probably try to get their $HYPE back (otherwise why would that liquidity still be sitting there?). There’s barely any “overhead supply” above. Would be pretty funny if the $HYPE pump ends up accelerating like $ZEC and $100 turns out to be where the fun actually starts.

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