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Hyperliquid Labs to unstake 3.75M tokens via OTC deal, distributing to team on Oct 7

Protocol Fundamentals
30 Sep 2026
Tokenpost
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Neutral
Hyperliquid Labs to unstake 3.75M tokens via OTC deal, distributing to team on Oct 7

Hyperliquid Labs plans to unstake 3.75 million tokens on September 30. These tokens are linked to an over-the-counter (OTC) transaction with an institutional buyer, not a public market sale. The tokens will be distributed to team members on October 7. This move avoids public exchanges, indicating a private transaction approach.

Hyperliquid Labs' plan to unstake 3.75 million tokens is noted here as market context. For readers following cryptocurrency markets, 9 out of 50 major cryptocurrencies traded on Pluang rose today while 40 fell. EOS gained 8.13% to Rp12.649, ONE dropped 7.97% to Rp40, and ALGO fell 6.69% to Rp2.202, as of September 30, 2026, 22:03 WIB.

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