Four wallets staked over $53M in $HYPE tokens on Hyperliquid after withdrawing from Coinbase.

DeFi & Yields · 2026-08-29

Four wallets moved a combined 675,000 $HYPE tokens, valued at approximately $53.92 million, from Coinbase to Hyperliquid over several months, where the funds were subsequently staked. The staking activity represents over $50 million in $HYPE across the four addresses involved.

Previously on Telem

Hyperliquid activates AQAv2 framework, directs 90% yield to HYPE buybacks 2026-08-26
TradeXYZ buys 136K HYPE, moves closer to DEX launch 2026-08-28
Hyperliquid Strategies accumulates $76M HYPE tokens in 60 hours 2026-08-28
PURR token jumps 15% after Hyperliquid Strategies treasury update 2026-08-27
Hyperliquid Strategies raised $647M, holds 29.3M HYPE tokens 2026-08-27