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The HyperLiquid team unstaking 2.6 million HYPE tokens, of which 609,000 were sent to the 0TC platform.

The HyperLiquid team unstaking 2.6 million HYPE tokens, of which 609,000 were sent to the 0TC platform.

CointimeCointime2025/11/29 21:21
By:Cointime

On November 29, according to MLM monitoring, among the recent 2.6 million HYPE (91 million USD) unlocked by the HyperLiquid team, 854,254 HYPE (29.9 million USD) were re-staked into the same wallet.

Subsequently, they transferred 1,745,746 HYPE (61.1 million USD) to 29 new wallets. So far, 609,100 HYPE (21.3 million USD) have been sent from 10 of these wallets to Flowdesk (an OTC trading institution).

In 4 wallets, they re-staked 234,600 HYPE (8.2 million USD). The remaining 15 wallets currently hold only 902,000 HYPE (31.6 million USD) — with no actions taken for the time being.

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