POPA ReconHow it investigates

Hyperliquid Labs unstakes about $320 million in $HYPE and sells it to an institution via OTC

$HYPE

Hyperliquid Labs unstakes about $320 million in $HYPE and sells it to an institution via OTC

Hyperliquid ($HYPE)

This is the monthly team unlock: according to sources, the sale is going over the counter, not into the order book, so there may be no direct pressure on spot. The price barely moved on the news: about $86 on major exchanges, about -0.5% over the day.

Facts

  • Channels are retelling a message from the project Discord: Hyperliquid Labs today is unstaking $320 million worth of $HYPE for the monthly team unlock, the tokens will go to an institutional investor via OTC. [zoomerfiednews, 30 September 2026]

  • Early signal: hexdrunker on 28.09 at 07:36 UTC, more than a day before the event, wrote that the team usually takes very little, and the unlock will be softer than the headlines. [page at the link, 28 September 2026]

  • Account 0x23__ writes that Hyperlabs set 3.75 million $HYPE to unstake for October, for comparison in September it was 433K. [@0x23__, 30 September 2026]

  • Binance spot: $HYPE about $86.05, -0.532% over 24 hours. [exchanges, 30 September 2026]

Waiting for:

  • Who the buyer is and at what price the OTC deal was done

  • Whether part of the tokens will go to exchanges after the deal

post from telegram channel zoomerfiednews · post from telegram channel КриптоАтака 24 ⚡️ · post from telegram channel markettwits

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