USDH deployer releases pledge of 1.01 million HYPE and transfers some assets
According to Onchain Lens monitoring, USDH deployers began transferring some HYPE positions 12 hours ago. Obtained 1.01 million HYPEs (worth approximately $725 million) from the release of the pledge, transferred 210000 HYPEs (worth approximately $15 million) to a newly created wallet, and then deposited 200000 HYPEs (worth approximately $138 million) into Flowdesk, of which 120000 HYPEs (worth approximately $825 million) have been transferred to Bybit, and another 80000 HYPEs (worth approximately $5.7 million) are being sold on Hyperliquid.