Hyperliquid team to sell $320M of HYPE to an institutional buyer in OTC deal on Oct. 7

The Hyperliquid team will sell 3.75M HYPE (~$337M) on Oct. 7 directly to a single institutional buyer in an over-the-counter deal, per crypto news desk reports. The order book does not clear the sale; the buyer does.

Detected & updated continuously · Source: Nebula