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Hyperliquid Labs has unstaked 333,000 HYPE tokens, which will be distributed to team members on April 6th.
According to Mars Finance news on March 30, on-chain data shows that the Hyperliquid team wallet unstaked 333,000 HYPE tokens (approximately $13 million) 11 hours ago. HYPE is currently priced at $37.56, with a 24-hour drop of 5.14%. Previously, the official announcement stated that 333,000 tokens from Hyperliquid Labs would be unstaked on March 29 and distributed to team members on April 6.