Aster Crypto Falls 7.7% as Hyperliquid Faces Token Unlock Selling Pressure

TLDR: Aster crypto fell 7.7% to around $0.62 as broader market weakness triggered heavy selling pressure. CZ stated that Aster and Hyperliquid serve different trading needs rather than direct competition. Hyperliquid faced added pressure after a $700 million token unlock increased circulating supply. Arthur Hayes exited his HYPE position as the token retreated from its [...]

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