ChainCatcher, citing monitoring by HyperliquidNews, reported that Unitxyz is currently using funds from Coinbase Prime to buy $15 million worth of hyperliquid through a time-weighted average price, or TWAP, strategy. According to the report, once the purchase is completed, Unitxyz’s total staked holdings will reach 1 million tokens. The update also said that 500,000 hyperliquid tokens committed to HIP-3 staking cannot be reused for HIP-4. As a result, launching both HIP-3 and HIP-4 requires a combined stake of 1 million hyperliquid, valued at about $80 million. The brief did not provide extra details on the execution timeline beyond saying the buying activity is ongoing.
ChainCatcher, citing monitoring by HyperliquidNews, reported that Unitxyz is currently using funds from Coinbase Prime to buy $15 million worth of hyperliquid through a TWAP strategy.
According to the report, Unitxyz’s total staked amount will reach 1 million tokens after the purchase is completed.
The update added that the 500,000 hyperliquid staked for HIP-3 cannot be reused for HIP-4. That means launching both HIP-3 and HIP-4 requires a total stake of 1 million hyperliquid, worth about $80 million.
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