The Hyperliquid team wallet has unstaked 2.6 million HYPE and conducted small-scale selling and transfer tests.
ChainCatcher news, according to on-chain data monitoring, the Hyperliquid team wallet (0x43...a251) redeemed 2.6 million HYPE (approximately 90.18 millions USD) from staking to its spot account today at 12:32. The latest transaction records show that this address subsequently executed a spot sell of 1 HYPE, as well as multiple transfers of 1 HYPE each to different addresses, suspected to be testing related functions. Currently, this wallet still holds about 240 millions HYPE in staking status.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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