Five whale addresses collectively initiated HYPE to release pledges, totaling 983600 pieces worth approximately $90.44 million. Among them, addresses 0x8b... d914 release 391800 HYPE, worth 35.99 million US dollars; Address 0x0a... b0ad, release 209600 HYPE with a value of 19.24 million US dollars; Address 0x15... d3fd release 146400 HYPE, worth 13.46 million US dollars; Address 0x55... C32a release 135700 HYPE with a value of 12.46 million US dollars; Address 0xd2... 8321 release 100100 HYPE with a value of 9.29 million US dollars. The Hyperliquid staking process requires a 7-day waiting period, after which HYPE will enter the spot balance. Currently, the above-mentioned tokens cannot be sold, transferred, or re pledged. The operation was initiated on September 24th at 20:33 (UTC+8) and is expected to be unlocked on October 1st.
