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The HyperLiquid team moved 2.6 million HYPE
The HyperLiquid team has drawn attention by withdrawing around 2.6 million HYPE, worth 89.2 million USD. Shortly after, this amount was allocated to various wallets, although staking still accounted for the majority with 37.4 million USD.
Additionally, 30.9 million USD is still held in reserves, indicating that this may be a planned strategy rather than a sudden action. At the same time, 609,108 HYPE ( around 20.9 million USD ) was transferred to Flowdesk and the sales team sold 1,200 HYPE for 41,193.45 USDC.
Analysts believe that this is a normal liquidity management activity aimed at maintaining flexibility and stability in the market. Careful allocation and reserve maintenance reflect a planned fund management strategy and a commitment to maintaining the underlying health.