After un-staking team tokens, HyperLiquid distributed approximately 1.745 million HYPE to 29 new wallets, with nearly 610,000 tokens likely to be sold.
Foresight News reported that, according to on-chain data monitoring, the HyperLiquid team disclosed the unlocking of 2.6 million HYPE tokens on November 22. As the vesting period was seven days, the team only received the HYPE tokens today. A total of 1,745,746 HYPE tokens have been distributed to 29 new wallets, among which 10 wallets sent approximately 609,100 HYPE tokens to Flowdesk, which are expected to be sold on the over-the-counter market. Additionally, 4 wallets staked about 234,600 HYPE tokens. Furthermore, around 902,000 HYPE tokens in 15 wallets have not yet moved, while the HyperLiquid team wallet staked approximately 854,254 HYPE tokens.
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
Data center overheating causes CME to halt trading for over 10 hours, backup data center not activated
Over 1.2 million ETH have been bridged to the Linea mainnet
