The tokens being transferred are part of a planned recurring release for the project's core team. The use of an OTC structure ensures the assets are sold directly to a single institutional player rather than being distributed through public exchanges.
Wednesday, October 21, 2026
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Hyperliquid Labs Unstakes $320M HYPE for Institutional Sale
Crypto20 days ago
The core team of the project is releasing a portion of its native token holdings to an institutional buyer via an over-the-counter deal. Hyperliquid Labs is unstaking $320 million in HYPE tokens today for this transaction as part of a scheduled monthly unlock, according to an internal Discord communication.
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