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Hyperliquid Unstakes 140K HYPE Tokens Amid Market Optimism

Hyperliquid Unstakes 140K HYPE Tokens Amid Market Optimism

Author:

Global Cryptocurrency

Published:

2026-01-29 13:42:02

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BTCCSquare news:

Hyperliquid Labs is set to unstake 140,000 HYPE tokens today, a significant reduction from the 1.2 million tokens released in January. The tokens will be distributed to team members on February 6. Previous large unlocks, including a 10-million-token release in November 2025, have historically triggered sell-off fears and price declines.

Traders have welcomed the move, applauding the team for its innovative approach and growth-focused strategy rather than short-term profit-taking. The platform's LAYER 1 blockchain continues to demonstrate robust adoption, generating over $58 million in daily fees.

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