Foresight News reported, according to monitoring by Lookonchain, the HyperLiquid team recently unstaked 2.6 million HYPE (worth approximately $89.2 million). Among these unstaked tokens, 1,088,822 HYPE (worth about $37.4 million) were restaked; 900,869 HYPE (worth about $30.9 million) remain in the wallet; 609,108 HYPE (worth about $20.9 million) were sent to Flowdesk; and 1,200 HYPE were sold in exchange for 41,193.45 USDC.