HYPE Token Activity: HyperLiquid Restakes 854,254 HYPE, Transfers 1.745M HYPE to 29 Wallets and Sends 609,100 HYPE to Flowdesk

COINOTAG News, November 29, citing MLM Monitor, reported activity surrounding the HYPE token suite managed by the HyperLiquid team. Of the 2.6 million HYPE tokens initially unstaked (valued at about $91 million), 854,254 were restaked within the same wallet, worth roughly $29.9 million. The team subsequently moved 1,745,746 HYPE tokens (≈$61.1 million) to 29 newly created wallets.

To date, 609,100 HYPE tokens (≈$21.3 million) have transferred from 10 of these wallets to Flowdesk, described as an OTC off-exchange trading institution. In four wallets, an additional 234,600 HYPE tokens (≈$8.2 million) were restaked, while the remaining 15 wallets collectively hold about 902,000 HYPE tokens (≈$31.6 million) with no observed activity.