A $4.06 million transfer moved 47,000 Hyperliquid (HYPE) tokens from Galaxy Digital OTC to OKX on Oct. 31. A sale was one possible purpose of the transfer, but no sale was confirmed.

Digital Currency
A possible sale was mentioned as a motive, but no sale was confirmed.

A $4.06 million transfer moved 47,000 Hyperliquid (HYPE) tokens from Galaxy Digital OTC to OKX on Oct. 31. A sale was one possible purpose of the transfer, but no sale was confirmed.
The payment adds reserve-yield revenue to a fund that also receives 99% of protocol fees and converts trading fees into HYPE, which it burns.
A later live market snapshot put HYPE at $92.79 at 10:57 UTC, up 8.87% in 24 hours.
The projection covers HYPE orders across spot and contract activity over 24 hours.