Notice that Hyperliquid has a big move. Today at 12:32 PM (UTC+8), an address controlled by their team (0x43…a251) unlocked 2,599,900 HYPE from the staking pool, which is approximately $9.018 million at the current price.
This transfer was captured by the HypurrScan browser. It is worth mentioning that this team address also holds 240 million HYPE currently being staked, valued at approximately $8.36 billion — which means a significant portion of the project's total locked assets is in their hands.
Unlocking does not equal dumping, but with such a large volume of tokens being transferred to the spot account, the market will definitely need to pay close attention. Does the team need to adjust its capital allocation? Or are they preparing to arrange liquidity? The subsequent movements can be continuously monitored.
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ReverseTradingGuru
· 11h ago
Unlocking over 90 million USD, what is the team playing at?
Another large transfer, and it’s exhausting to keep an eye on the market.
Wait, they still hold 8.36 billion, that ratio... is quite extreme.
Who knows if they will release it, anyway, I’ll run first and see.
A sudden move from the team is probably not a good sign.
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alpha_leaker
· 16h ago
$90.18 million has been quietly unlocked, it's a bit hard to sit still.
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Wait, 240 million coins are still in staking? How much trust in the team is needed to feel at ease?
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Liquidity arrangement? Or is it time to dump? It depends on how things move later.
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With such volume, remaining calm feels like they have an idea in mind.
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Contract interactions are so frequent, why does it feel like something is off?
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Unlocking is one thing, but the key is whether it has reached the exchange account.
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$8.36 billion is in hand, this rhythm feels a bit... what do you all think?
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GasBandit
· 19h ago
Here it comes again, the team is moving the coin... with a volume of over 90 million US dollars, I really don't believe they won't be dumping.
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governance_ghost
· 11-29 05:40
More than 9 million USD was unlocked all at once, this rhythm is quite interesting... The team still holds 8.36 billion in chips, which basically means they have control over the entire project, right?
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CoffeeOnChain
· 11-29 05:39
$90.18 million unlocked, that's quite a sum...
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ProtocolRebel
· 11-29 05:32
Wow, unlocking over 9 million USD all at once... this pace is a bit fast.
The team still holds 8.36 billion USD in chips, so we need to keep an eye on how they operate next.
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SundayDegen
· 11-29 05:27
Another major unlocking event, this time directly over 90 million USD. What is the team playing at?
This guy still holds 8.3 billion, really has all the chips tightly gripped.
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airdrop_whisperer
· 11-29 05:25
Signs of another dumping? 90 million dollars just dumped, let's wait and see.
Notice that Hyperliquid has a big move. Today at 12:32 PM (UTC+8), an address controlled by their team (0x43…a251) unlocked 2,599,900 HYPE from the staking pool, which is approximately $9.018 million at the current price.
This transfer was captured by the HypurrScan browser. It is worth mentioning that this team address also holds 240 million HYPE currently being staked, valued at approximately $8.36 billion — which means a significant portion of the project's total locked assets is in their hands.
Unlocking does not equal dumping, but with such a large volume of tokens being transferred to the spot account, the market will definitely need to pay close attention. Does the team need to adjust its capital allocation? Or are they preparing to arrange liquidity? The subsequent movements can be continuously monitored.