Hyperliquid News: HYPE Whales Unstake Millions as Protocol Revenue Tops $1.21 Billion

The post Hyperliquid News: HYPE Whales Unstake Millions as Protocol Revenue Tops $1.21 Billion appeared first on Coinpedia Fintech News

Hyperliquid is drawing attention after large HYPE holders unstaked millions of tokens, including one wallet that withdrew 1.02 million HYPE and another that transferred 1.89 million HYPE worth about $105.9 million to institutional brokers, a move often associated with over-the-counter sales. Despite the whale activity, the protocol generated $1.18 million in daily fees and burned …