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Hyperliquid buys $45.8M more HYPE amid large holders prepping $90M unstaking

Market News
25 Sep 2026
Crypto news
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Neutral
Hyperliquid buys $45.8M more HYPE amid large holders prepping $90M unstaking

Hyperliquid Strategies purchased an additional 494,200 HYPE tokens worth $45.8 million, increasing its total buys to $476 million over the past month. Meanwhile, large holders are unstaking nearly $90.4 million in HYPE, potentially increasing supply, while Multicoin Capital moved $12.15 million worth of HYPE to Coinbase Prime. Despite a 6.6% price pullback from its all-time high of $97.99, Hyperliquid's continuous buybacks, funded by 97% of protocol trading fees, support demand. The unstaked tokens will become transferable around October 1, but it remains unclear if they will be sold.

Hyperliquid Strategies and HYPE tokens provide context for the current market. For readers following major cryptocurrencies on Pluang, 42 out of 50 rose today. Notable movers include MANA at Rp1.586 with a 6.30% increase, EGLD at Rp81.103 up 5.75%, and CAKE at Rp49.751 rising 5.38%, as of Sep 25, 2026 13:01 WIB.

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