Hyperliquid Strategies buys ¥7 billion more HYPE as whale unstaking observed

  • Hyperliquid Strategies purchased an additional ¥7 billion worth of HYPE.
  • ¥7 billion was the reported value of the additional HYPE purchase.
  • Large HYPE holders were observed removing tokens from staking.

Hyperliquid Strategies has purchased an additional ¥7 billion worth of HYPE, while large holders were observed unstaking the token. Staking refers to locking crypto to support a network or protocol, typically in exchange for rewards. The report provided no further details on the timing or identities of the large holders.

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