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The unlocks from the Hyperliquid team ($HYPE) have already begun, so let's take a clear account of what has happened:
🔓 1. Initial withdrawal of staking (unstake)
On November 22, the team withdrew 2.6M from staking $HYPE (≈ $91M).
After the 7 days required to complete the unstake, the tokens arrived in your wallet on November 29.
📤 2. Distribution to new wallets
Of that amount, 1,745,746 $HYPE (≈ $61.1M) were distributed to 29 new wallets.
🏦 3. Movements to OTC (Flowdesk)
Of these 29 wallets, 10 sent 609.1K $HYPE (≈ $21.3M) to @flowdesk_co, probably for OTC operations.
🔒 4. Team re-staking
In the team's main wallet, they were re-staked:
➡️ 854,254 $HYPE (≈ $29.9M)
In addition, 4 of the new wallets performed staking for a total of:
➡️ 234,568 $HYPE (≈ $8.2M)
📥 5. Wallets Pending
The remaining 15 wallets hold 902,069 $HYPE (≈ $31.6M) with no movements so far.
📊 Explorer: