Roughly 800,000 HYPE will return to the company's treasury for redeployment to "more profitable" strategies, per a Friday filing.

Hyperliquid whales withdrew $64.9M in HYPE in three days as trader loracle.hl lost $46.5M shorting, then more going long.

Roughly 800,000 HYPE will return to the company's treasury for redeployment to "more profitable" strategies, per a Friday filing.