Unitxyz Purchases $15 Million in Hyperliquid via Coinbase Prime

According to HyperliquidNews, Unitxyz is utilizing Coinbase Prime funds to acquire $15 million worth of Hyperliquid tokens through a TWAP strategy. This purchase will bring its total staked amount to 1 million tokens. Because the 500,000 tokens staked for HIP-3 cannot be reused for HIP-4, a total of 1 million tokens, valued at approximately $80 million, is required to initiate both proposals.