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Hyperliquid Labs transferred 452,000 HYPE tokens, worth $32.32 million, reportedly via Flowdesk
08/07/2026 03:57
Complaint Report
Complaint Report
Svmuu News: According to on-chain analyst Yu Jin, Hyperliquid Labs, the development team behind Hyperliquid, transferred 452,000 HYPE tokens worth $32.32 million early this morning. The price of HYPE has fallen 5% today. These HYPE tokens were reportedly sold through the market maker Flowdesk, with a portion going to Flowdesk’s on-chain wallet and another portion to Flowdesk’s deposit addresses on OKX, Bybit, and Gate.
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