Hyperliquid Labs finished a seven-day unstaking process of 3.75 million HYPE tokens valued around $330 million, tied to a private institutional over-the-counter (OTC) transaction. The tokens were moved across multiple wallets but are not expected to be sold on the open market immediately. About 1.25 million HYPE tokens were restaked shortly after distribution began, indicating some tokens remain locked in staking. The identity of the institutional buyer remains undisclosed, and the token price has slightly declined amid these movements, though no direct link to the OTC deal is confirmed.
HYPE token price on Pluang dropped 4.03% to Rp1.559.255 as of Oct 08, 2026 13:21 WIB. The market cap stands at Rp397.97 trillion, showing significant value despite the recent token movement. Trading volume remains high at Rp14.07 trillion, with a majority of orders leaning towards selling at 77%.
The HYPE token, after rallying above $95, shows signs of a potential decline of up to 17% toward $72 due to weakening momentum and bearish technical patterns. The price has fallen below key moving averages and the relative strength index indicates in...
A large trader opened short positions totaling about $21.87 million across PUMP, Solana (SOL), and XRP on October 8 after closing a long PUMP position at a loss. The trader's short positions included 1.5 billion PUMP tokens with 5x leverage, 75,000 S...
Hyperliquid announced plans to integrate options trading into its decentralized exchange platform, enhancing its derivatives offerings alongside spot and perpetual futures. This move aims to provide users with better risk management tools and is supp...
Hyperliquid, a crypto exchange registered in Singapore, confirmed its registration but has no license from Singapore's Monetary Authority (MAS), which does not consider the platform under its jurisdiction due to its decentralized nature. MAS added Hy...
Institutional investors are showing growing interest in Hyperliquid, a decentralized perpetual-futures protocol, highlighted by a $337 million over-the-counter purchase of 3.75 million HYPE tokens. This move reflects confidence in Hyperliquid’s marke...
