CryptoMedium•3 October 2026•
1 min read
Hyperliquid Labs Unstakes 3.75M HYPE Tokens for OTC Sale to Single Investor
Key Facts
1Hyperliquid Labs unstaked 3.75 million HYPE tokens worth approximately $329 million for an over-the-counter sale to a single investor.
2The HYPE token price is currently 10% below its record high reached on September 23.
Hyperliquid Labs unstaked 3.75 million HYPE tokens worth approximately $329 million for an over-the-counter (OTC) sale to a single investor. According to cryptoticker.io, the tokens were moved to facilitate a direct sale, potentially providing liquidity or strategic alignment with a major stakeholder outside of public exchanges.
The transaction occurs as the HYPE token price remains 10% below its record high reached on September 23, 2026. Reports from cryptoticker.io indicate that the unstaking process requires seven days, making the tokens available around October 7, 2026, which represents roughly 1.7% of the current circulating supply.