After receiving 1.01 million HYPE tokens from unstaking, USDH deployers began transferring and selling some of their holdings.

CoinFeed reported on June 3 that, according to Onchain Lens monitoring, 13 hours ago, the USDH deployment address began transferring some of its HYPE holdings. It received 1.01 million HYPE (US$72.45 million) from unstaking, transferred 209,984 HYPE (US$15 million) to a newly created wallet, deposited 200,000 HYPE (US$13.76 million) into Flowdesk, of which 120,000 HYPE (US$8.25 million) were transferred to Bybit, and 80,000 HYPE (US$5.7 million) are currently being sold on HyperLiquid.