Altcoin Unlocks Exactly $330 Million in Tokens and Begins Selling Them Today
Key Highlights: Hyperliquid Labs has initiated the distribution of 3.75 million $HYPE tokens, valued at approximately $330 million, under an over-the-counter (OTC) agreement. Following a completed seven-day staking period, the tokens were moved to the team’s spot balance and are being allocated to an unnamed institutional investor rather than sold on the open market. The ...