Analysis of HYPE Airdrop Distribution Reveals Interesting Insights

Details of the HYPE Airdrop Distribution

Recipient Numbers and Average Airdrop

ASXN has released a comprehensive dashboard providing insights into the HYPE airdrop, which was distributed to 94,000 wallets. The average airdrop per address stands at 2915.66 HYPE, with a median drop of 64.53 HYPE. At the current price of over $7 per HYPE, the total value of the airdrop exceeds $2 billion, averaging around $20,000 per address.

Top Holder Distribution and Token Locking

Upon analysis, it was found that the top non-team holder, with the address 0xfe…fe, owns a substantial 8.5 million HYPE tokens. Distribution by percentiles shows interesting figures, with the 99th percentile holding a significant 58317.95 HYPE, while the 10th percentile owns a modest 4.28 HYPE. The total range extends from 0.11 HYPE to a staggering 1,975,126.70 HYPE.

Insights into Holder Distribution

Wallet Distribution Patterns

Among the 70,300 HYPE token holders, most possess between 16 to 64 tokens. The breakdown shows that 20.6% of wallets hold between 16 to 64 tokens, while 20.6% possess 64 to 256 tokens. Additionally, 12.8% hold 256 to 1,000 tokens, and 8.2% own 1,000 to 4,100 tokens.

TGE Participant Behavior

An analysis of the top 20 TGE participants allows for a peek into how they are handling their genesis balances, shedding light on their strategies with the airdropped tokens.

Exploring the TWAP Feature

Reducing Price Fluctuations

The TWAP feature offered by Hyperliquid appears to be popular among HYPE token holders, enabling them to trade tokens over extended time periods to smooth out price fluctuations effectively.

For real-time tracking of HYPE TWAP and more insights, visit the dashboard.

ChainCatcher encourages readers to approach blockchain information judiciously, stay vigilant about risks, and exercise caution when dealing with virtual token activities and investments.