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Hyperliquid Strategies Stakes 12 Million HYPE Tokens Worth $420 Million (1.2% of Total Supply, 3.54% of Circulating Supply)
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COINOTAG News, citing MLM Monitor, reported on December 4 that Hyperliquid Strategies has staked 12 million HYPE tokens, valued at roughly $420 million. This stake represents about 1.2% of the total supply and 3.54% of the circulating supply.
Data from MLM Monitor shows a concentration of holdings within a single strategy, underscoring the influence of sizable positions on HYPE token liquidity and market visibility. The disclosure reinforces focus on tokenomics, holder distribution, and the evolving dynamics of crypto capital allocation.
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