The post Hyperliquid Transfers $411M in HYPE to Hypercore appeared first on Coinpedia Fintech News
Hyperliquid Strategies has transferred 12 million HYPE tokens to Hypercore, a move worth $411 million. This shift represents 1.2% of the total HYPE supply and 3.54% of the circulating supply. Alongside this major transfer, the company has also started staking activities. Around 425,000 HYPE tokens, valued at roughly $14.5 million, were moved into the staking balances of three different wallets. These actions signal growing activity and strategic repositioning within the Hyperliquid ecosystem.