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HyperLabs transferred 165,000 HYPE to Flowdesk, some already sold.

2026.08.08 - 01:03

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TechFlow news, August 8, according to on-chain analyst Yu Jin's monitoring, out of the 433,000 HYPE previously redeemed from staking by Hyperliquid development team HyperLabs, 165,000 HYPE have been transferred to market maker Flowdesk, worth approximately $9.23 million.

Among them, 75,000 HYPE (approximately $4.19 million) have been transferred to Hyperliquid and sold for USDC; another 90,000 HYPE (approximately $5.04 million) have been transferred to OKX and Bybit.

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