HyperLiquid Team Unstakes 2.6M HYPE Tokens Worth $91M, Transfers $21.3M to Flowdesk
The HyperLiquid team unstaked 2.6 million HYPE tokens valued at $91 million on Nov. 29, MLM data show. Of the total, 854,254 HYPE ($29.9 million) was restaked to the same wallet, while 1,745,746 HYPE ($61.1 million) was distributed across 29 newly created wallets. From these wallets, 609,100 HYPE ($21.3 million) has been transferred to Flowdesk, an OTC trading platform, from 10 addresses, while four wallets restaked 234,600 HYPE ($8.2 million) and the remaining 15 wallets currently hold 902,000 HYPE ($31.6 million) with no further activity.