The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
Foresight News reported, according to monitoring by Lookonchain, the HyperLiquid team recently unstaked 2.6 million HYPE (worth approximately $89.2 million). Among these unstaked tokens, 1,088,822 HYPE (worth about $37.4 million) were restaked; 900,869 HYPE (worth about $30.9 million) remain in the wallet; 609,108 HYPE (worth about $20.9 million) were sent to Flowdesk; and 1,200 HYPE were sold in exchange for 41,193.45 USDC.
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.
You may also like
"Big Short" Michael Burry: Bitcoin is the "tulip bulb" of our era and has no value
Nvidia CFO: No Final Agreement Reached with OpenAI Yet
VanEck announces extension of zero-fee policy for its Bitcoin ETF until July 31, 2026
Trending news
MoreCrypto prices
More
