HyperCore transferred 447,824 HYPE tokens, valued at about $39.56 million, to Kinetiq, a liquid staking protocol for HYPE. This significant on-chain transaction occurred on September 29 and adds nearly 450,000 HYPE tokens to Kinetiq's holdings. The purpose of the transfer is not yet disclosed, leaving investors curious about the next steps for these tokens. This move highlights growing activity in the liquid staking space for HYPE assets.
The HyperCore transfer of $39.56 million in HYPE tokens is notable. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 29, 2026 18:02 WIB: out of 50 major cryptocurrencies, 38 rose and 11 fell. Notable movers include GRT at Rp550 with a 1-day change of -4.64% and Pluang order activity of 92% Sell / 8% Buy, COTI at Rp232 with a 1-day change of -4.51% and 20% Sell / 80% Buy activity, and XTZ at Rp5.817 with a 1-day change of +4.17% and 41% Sell / 59% Buy activity.
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