Crypto
Hyperliquid Labs Executes Major OTC Token Distribution
Hyperliquid Labs has distributed 1.875 million HYPE tokens worth $330 million to five OTC buyers following a record-breaking unstaking event.
October 8, 2026, 06:34 AM·Crypto Briefing

Hyperliquid Labs has distributed 1.875 million HYPE tokens worth $330 million to five OTC buyers following a record-breaking unstaking event.

Hyperliquid Labs will conduct a private over-the-counter sale of 3.75 million HYPE tokens on October 7 to an institutional investor.

Hyperliquid Labs is selling 3.75 million HYPE tokens worth $329 million to an institutional buyer via an OTC deal to avoid market volatility.
