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[Renowned Trader James Wynn Shorts HYPE, Citing Competitive Pressure] On September 30, trader James Wynn opened a 10x short position on HYPE with a commission rebate. The position value was $66,000, with an entry price of $45.25 and a liquidation price of $47.483. He believes that the rapid growth of ASTER is squeezing Hyperliquid's market share, and the upcoming HYPE token unlock in November could be unfavorable for holders. Reportedly, starting from November 29, 2025, 237.8 million HYPE tokens will be unlocked linearly over a 24-month period.

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