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Hyperliquid Strategies DAT denies buying 3.75M HYPE in $320M OTC deal from Hyperliquid Labs

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
Hyperliquid Strategies DAT denies buying 3.75M HYPE in $320M OTC deal from Hyperliquid Labs

Hyperliquid Strategies DAT (PURR) CEO David Schamis denied that his company purchased 3.75 million HYPE tokens from Hyperliquid Labs in an over-the-counter transaction valued at around $320 million. Hyperliquid Labs sold 3.75 million HYPE tokens via OTC, with part transferred to five buyer wallets and part restaked. The denial from PURR separates the buyer's identity from the company's treasury, leaving the actual buyer(s) unknown. This matters because of the transaction's large size and its connection to a company holding HYPE tokens.

The PURR CEO's denial of receiving 3.75 million HYPE tokens is presented with Pluang's cryptocurrency market data as of Oct 08, 2026 08:21 WIB. For readers following major cryptocurrencies on Pluang, 7 out of 50 rose while 42 fell. Notable movers include CRV (Curve DAO Token) rising 7.60% to Rp6.981, FIL (Filecoin) falling 7.70% to Rp19.207, and EGLD (MultiversX) dropping 7.10% to Rp73.993, with EGLD showing 100% buy order activity.

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