USDH Deployer Initiates Transfer and Sale of Portion of HYPE Holdings

BlockBeats News, June 3rd, according to OnchainLens monitoring, 12 hours ago, the USDH deployer started transferring a portion of their held HYPE. The address first unbonded 1.01 million HYPE, worth approximately $72.45 million; then transferred 209,984 HYPE (about $15 million) to a newly created wallet.

In addition, 200,000 HYPE (about $13.76 million) was transferred to the liquidity provider Flowdesk, with 120,000 HYPE (about $8.25 million) already transferred to an exchange, and another 80,000 HYPE (about $5.7 million) currently being sold on Hyperliquid.

It is reported that the total amount of HYPE obtained through this unbonding reached 1.01 million HYPE, and the market is closely watching its subsequent flow.