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Crypto DeFi

HYPE, ENA, BABY and MOVE Tokens Set for Unlocks Next Week

Hyperliquid will unlock about 3.75 million HYPE tokens at 8:00 a.m. Beijing time on October 6, roughly 1.69% of circulating supply and worth about $339 million. Ethena releases about 172 million ENA at 3:00 p.m. on October 5, about 1.88% of supply and worth roughly $41 million. Babylon unlocks about 136 million BABY on October 10 and Movement about 165 million MOVE on October 9.

Original source

AI take

The HYPE unlock stands out less for its share of supply than for its absolute size, which makes it the one most likely to test order-book depth rather than sentiment alone. ENA's is smaller in dollar terms but comparable proportionally, while the BABY and MOVE figures lack the same context. What matters is whether recipients treat these as liquidity events or hold through them; the open question is how much of each tranche actually reaches the market versus being absorbed or re-staked.

Generated by AI for reference only.

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