PANews reported on November 30th that, according to Lookonchain monitoring, the HyperLiquid team recently unstaking 2.6 million $HYPE tokens (worth $89.2 million). Among them:

• 1,088,822 $HYPE tokens (worth $37.4 million) were re-pledged;
• 900,869 $HYPE tokens (worth $30.9 million) remain in the wallet;
• 609,108 $HYPE tokens (worth $20.9 million) have been sent to Flowdesk;
• 1,200 $HYPE tokens were sold for $41,193.45 USDC.