The HyperLiquid team unbonded 2.6 million HYPE tokens, with 609,000 tokens being sent to an OTC platform.
By: theblockbeats.news|2025/11/29 13:50:32
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BlockBeats News, November 29th, according to MLM Monitor, in a recent event, 854,254 HYPE tokens (worth 29.9 million US dollars) out of the 2.6 million HYPE (worth 91 million US dollars) unstaked by the HyperLiquid team were restaked into the same wallet.
Subsequently, they transferred 1,745,746 HYPE tokens (worth 61.1 million US dollars) to 29 new wallets. So far, 609,100 HYPE tokens (worth 21.3 million US dollars) have been sent from 10 of these wallets to Flowdesk (an OTC off-exchange trading institution).
In 4 wallets, they restaked 234,600 HYPE tokens (worth 8.2 million US dollars). The remaining 15 wallets currently hold only 902,000 HYPE tokens (worth 31.6 million US dollars) — with no activity observed for the time being.
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