Taiwanese music celebrity Machi Big Brother has sold his entire $25.8 million position in Hyperliquid, realizing a loss of $4.45 million. The decision comes as the market anticipates a significant $11.9 billion HYPE token unlock, which could exert additional supply pressure. Hyperliquid's market share has notably declined from 65% in July to 33%, with competitors Aster and Lighter gaining traction. Analysts caution that the token release, set to begin on November 29, could introduce $41 million in supply pressure, potentially impacting the token's value further.