USDH deployer has initiated a significant transfer of HYPE tokens. According to BlockBeats On-chain Detection, 12 hours ago, the deployer began moving a portion of its HYPE holdings. Initially, 1.01 million HYPE tokens were unstaked. Subsequently, 209,984 HYPE tokens were transferred to a newly created wallet.
Additionally, 200,000 HYPE tokens were moved to the market maker Flowdesk. Of these, 120,000 HYPE tokens have been transferred to a centralized exchange (CEX), while 80,000 HYPE tokens are currently being sold on Hyperliquid.
The total amount of HYPE tokens unstaked in this transaction reached 1.01 million, drawing market attention to their future movements.