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 21:45:57
0
Share
copy

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.

You may also like

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

In an era of technological upheaval, rather than pursuing the "legitimacy" co-opted by power, it is better to sharpen the blade and build parallel systems that truly expand individual sovereignty.

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

The intense collision between technology and capital, products and markets, vision and reality, each story reflects the confusion and unwillingness of the market participants.

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

1. Top News: Strait of Hormuz Emerges as Flashpoint in US-Iran Standoff, US Stocks Trim Losses, Asia-Pacific Markets Open Sharply Lower, Cryptocurrencies See Slight Recovery 2. Token Unlock: None

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

When markets are closed and real-time pricing is needed due to geopolitical risks, Hyperliquid takes the lead and is closer to the eventual futures reopening price.

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month

Openclaw Founder Advises Young People "Not to Waste Time on Cryptocurrency," Yet in its official documentation, it lists the cryptocurrency project Venice.ai as a recommended model provider.

Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?

Time and tide wait for no man.

Popular coins

Latest Crypto News

Read more