【Market Flash News】Hyperliquid official entity HyperLabs has recently completed a large over-the-counter transaction: it unpledged 3.75 million $HYPE (about $331 million) and sold directly to institutional buyers rather than dumping it on the secondary market. Of this amount, 1.875 million tokens have been distributed to five buyer wallets, with each wallet receiving 375,000 tokens. Meanwhile, Lookonchain data shows that another 1.25 million $HYPE (about $110 million) has been re-pledged, indicating the buyers’ long-term intention to lock their holdings.
#HYPE #Hyperliquid
(Source: AMBCrypto)
⚠️ Risk Warning: The above is for market information sharing only and does not constitute investment advice; investing involves risk, so proceed with caution when entering the market.
#HYPE #Hyperliquid
(Source: AMBCrypto)
⚠️ Risk Warning: The above is for market information sharing only and does not constitute investment advice; investing involves risk, so proceed with caution when entering the market.