HYPE Slides Below $80 Support Amid Team Token Releases and Institutional Exits

HyperLabs distributed $14.5 million in HYPE, increasing potential selling pressure. Token burns removed $1.64 million in HYPE, partially offsetting new supply. HYPE fell below $80 support as institutions continued unstaking and selling. HYPE has slipped below the crucial $80 support level. The move comes only a week after buyers reclaimed that zone. Market participants now face a mix of bearish pressure and long-term optimism. Team-re…