On unlock day, markets turn savage. $MYX plunges 58% to a low of $0.9184. High above $2 just hours before. Panic sets in. Hack VC strikes fast. In the last seven hours, Hack VC claims 1,279,890 MYX from the airdrop claim contract at `0x92216267bFB526e4142d161Bb4D99C4b0e630530`. That haul clocks in at roughly $2.15 million. No hesitation. No second thoughts. First wave: 445,000 MYX heads to wallet `0x259Db7C69DE9bbbf86E82ba8AD0cc5064514FE57`. Sold on-chain. Proceeds: ~$747,000 at an average of $1.68 per token. They hit the bids. They lock in gains. Second wave: 835,000 MYX moves to MEXC via wallet `0x72FB6d06A5DB3931dd33Db2AfE676488c7cE5353`. Deposit price: $1.77. Value: ~$1.48 million. All rails clear. No drama. This looks coordinated. Timed or tactical, it lands exactly as $MYX records its steepest fall. Classic unlock-day play. The dump accelerates the slide. Bears feast. Market response is brutal. From a high above $2, $MYX rocks down to $0.80. It’s a 58% wipeout. Right now, price bounces back to $1.70. Traders hunt for bargains. But confidence is shaken. $MYX Price Action To Monitor On CoinMarketCap , $MYX Finance trades at $1.84, with a 24-hour volume of $266.9 million and a market cap of $289.8 million. It sits at rank #161, floating among mid-caps with thin order books awaiting the next catalyst. Social feeds ignite. On X, EyeOnChain calls it an “Unlock Day Unleashes Bloodbath.” Traders rage. “VC dump,” they tweet. Some cry “rug unlock.” Others tag it “market clearing.” Few defend it as healthy shakeout. Hack VC goes radio silent. No tweets. No AMAs. Their socials dark. Rumors swirl. Was this risk management? Or straight profit grab? Either way, it sets the tone for token unlocks ahead. On-chain analytics spot more big wallets stirring. Several move tokens into sell walls under $1. That spells danger for late buyers. Trap zones form. Only aggressive buys at $1.50–$1.80 keep floors from collapsing deeper. Still, opportunists circle. At $1.70, $MYX trades at a 19% discount from yesterday’s $2.10 peak. Volume spikes on DEXs. Whales nibble. They chase a rebound play. Staking yields and ecosystem incentives still shine. Adoption buzz could flip sentiment. Yet risk remains high. Next month’s vesting cliff looms. More tokens unlock. If another dump wave hits, prices could test below $0.50 territory. And VCs keep stockpiles locked for months. Their moves will dictate price. Unlock Day Bloodbath: Hack VC Cashes Out as $MYX Crashes 58% On the highly anticipated unlock day, #MYX plunged 58%, tumbling to $0.9184 — and Hack VC didn’t waste any time. Over the past 7 hours, Hack VC claimed 1,279,890 MYX (worth ~$2.15M) from the airdrop claim contract at… https://t.co/Z6yOlW4ni1 pic.twitter.com/cJ828zXBZB — EyeOnChain (@EyeOnChain) August 6, 2025 What happens next? Watch three metrics closely: 1. Order Books. Big sell walls under $1. Watch if bids hold. 2. Vesting Schedules. More unlocks mean more supply. 3. Wallet Flows. Follow the whales. Their exits or entries drive price swings. Unlock days always bring drama. This one delivered in spades. Hack VC made a clean exit. Traders got scorched. And $MYX’s trajectory now hinges on whether buyers can absorb the next supply surge. Stay sharp. The next move could hit at any moment. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
