HYPE team members sell $165 million in tokens as rescue fund spends $364 million on buybacks

Huo Xing Finance reports that, as of July 31, according to MLM monitoring, since the HYPE team tokens began unlocking in December 2025, 4.93 million HYPE tokens have been allocated to team members, valued at approximately $270 million at current prices, representing 0.493% of the total supply. Of these, 1.19 million HYPE tokens have been sold on public markets, generating $32.5 million in proceeds; another 3.14 million HYPE tokens have been transferred to over-the-counter trading platforms, valued at approximately $132 million at the time of transfer. In total, approximately 4.33 million HYPE tokens have been sold, amounting to about $165 million, with an average monthly sale of roughly 540,000 HYPE tokens, valued at around $20.6 million. During the same period, the rescue fund has cumulatively repurchased approximately 9.8 million HYPE tokens at a cost of about $364 million, averaging 1.23 million HYPE tokens repurchased monthly, valued at approximately $46 million—more than double the rate at which current and former team members have sold their tokens.