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Hyperliquid Labs Plans to Unstake 3.75 Million Tokens Sept. 30
The tokens are tied to an over-the-counter transaction with an institutional buyer and are scheduled for distribution to team members on Oct. 7.
Hyperliquid Labs plans to unstake 3.75 million tokens Sept. 30, with the assets tied to an over-the-counter transaction for an institutional buyer rather than a public-market sale.
The tokens are scheduled to be distributed to team members on Oct. 7. The transaction will take place outside public markets, and the tokens will not be sold on public exchanges.
The next stated step is the distribution to team members on Oct. 7.
