Hyperliquid (HYPE) is preparing to unlock 2.66% of its token supply in November, sparking concerns about potential market volatility. The token unlock could increase sell pressure and lead to price corrections, with analysts observing a possible head-and-shoulders pattern on the daily chart that might push prices down to $20. Despite these concerns, some traders see potential opportunities, with Route2FI highlighting a $40 price point as a possible entry for yield farming. Hyperliquid's robust on-chain revenue, including $2.2 million in trading fees over the past 24 hours, could mitigate the impact of the unlock if used strategically for buybacks or token burns.