Calculating this round, Hyperliquid is going pretty big when it managed to pull $HYPE all the way through three major networks: Solana, along with Base and Unichain. Not to mention they’re also quite generous with plans to use about $14.5 million in reserve yield to buy up tokens, while before that they had already burned more than 20,000 tokens. But the most conspicuous detail is that Hyperliquid Labs is withdrawing 3.75 million HYPE—equivalent to nearly $329 million—from staking in preparation to sell via an off-exchange deal to a large organization on October 7.
$HYPE
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