Hyperliquid: HyperLabs Sells 433K HYPE via Flowdesk

HyperLabs redeemed 433,000 HYPE tokens valued at $24.25 million from staking and immediately began liquidating the position through market maker Flowdesk, with 165,000 tokens already transferred and portions hitting OKX, Bybit and the Hyperliquid platform itself.

Traders monitoring HYPE price prediction models now face fresh supply after the team split the unlocked tokens across nine wallets and executed the first wave of CEX inflows.

Price action on the 4h chart shows HYPE trading at $54.22 inside the Bollinger Bands with the lower support at $54.0 under test while the EMA50 at $55.26 and EMA200 at $59.16 cap upside in a bearish structure; the MACD death cross at 0.01 and RSI at 42.29 confirm momentum remains weak, suggesting any bounce stalls at upper-band resistance near $57.91 before retesting lower support.