HyperLabs just unstaked 3.75M $HYPE ($331.4M) 9 hours ago for team distribution — selling via OTC.
On-chain breakdown:
• 1.25M $HYPE ($110.57M) restaked
• 1.875M $HYPE sitting in wallet 0x8757
• 625K $HYPE ($55.37M) in wallet 0x3277
Team unlock + OTC dump incoming. Watch for price impact if these wallets start moving. Not financial advice but you know what large unlocks do to liquidity.
On-chain breakdown:
• 1.25M $HYPE ($110.57M) restaked
• 1.875M $HYPE sitting in wallet 0x8757
• 625K $HYPE ($55.37M) in wallet 0x3277
Team unlock + OTC dump incoming. Watch for price impact if these wallets start moving. Not financial advice but you know what large unlocks do to liquidity.