Hyper Foundation OTC Sale Moves 51,000 HYPE Worth $1.73M

The Hyper Foundation has reportedly conducted another major over-the-counter (OTC) sale. It is transferring 51,000 HYPE tokens valued at approximately $1.73 million. According to on-chain tracking by Mlm Onchain and data from Hypurrscan.io. This sale is part of the foundation’s ongoing efforts to fund operational expenses through direct token sales.

The transaction follows a pattern of structured OTC activity that has continued since HYPE’s token generation event (TGE). In total, the foundation has now sold around 326,500 HYPE tokens, worth roughly $11.6 million.

Details of the Latest Transaction

On-chain data shows that a wallet marked as the Hyper Foundation Budget Wallet sent the 51,000 HYPE tokens to another wallet. Which then distributed them to three separate buyer addresses. These wallets are reportedly linked to regular OTC buyers who help provide liquidity and cover the project’s daily operational costs.

Each of the transfers, recorded on Hypurrscan.io, took place over the past 24 hours. Specifically, 11,112 HYPE, 20,000 HYPE, and another 20,000 HYPE. They were transferred in three separate transactions. The tokens were valued at approximately $36 per HYPE, consistent with recent market data. Following the sale, the sending wallet still holds about 57,453 HYPE tokens. Which is worth just over $2 million at current prices.

Growing Cumulative Sales and Transparency

This latest sale adds to the foundation’s ongoing OTC activity since the HYPE token went live. Cumulatively, these transactions have generated around $11.6 million in value. This underscores the project’s consistent approach to self-funding and liquidity management. The Hyper Foundation has used OTC sales as a means of maintaining steady cash flow without impacting the broader market price of HYPE. 

Unlike exchange-based sales, OTC deals are private and negotiated directly with buyers. This approach helps the foundation avoid volatility and provides transparency through public blockchain records. Analysts following the project say the pattern of these sales indicates a controlled release strategy rather than a sell-off. The goal appears to be sustaining operations while supporting ecosystem growth and development.

Hyper Foundation vs. HyperLabs

Community members often ask about the relationship between Hyper Foundation and HyperLabs. As both play important roles within the broader Hyper ecosystem. As blockchain analyst Wassielawyer previously explained, HyperLabs focuses on development and innovation. While the Hyper Foundation manages governance, treasury, and operational resources. The ongoing OTC transactions fall under the foundation’s scope. It aimed at supporting administrative costs, marketing and ecosystem partnerships.

Looking Ahead

With over $11 million in OTC transactions to date. The Hyper Foundation appears committed to maintaining transparency and financial discipline. As it funds operations and ecosystem expansion. While some community members have expressed concern about the ongoing token sales. Others see it as a sign of sustainable project management.

This ensures the foundation can continue building while avoiding sudden market shocks. As the HYPE ecosystem matures, these steady and traceable OTC activities highlight a balancing act. Between operational funding and maintaining investor confidence in the long term vision of the project.