The Hyperliquid team unstaked 2.6 million HYPE from the wallet and conducted small-scale sell-offs and transfer tests

According to on-chain data monitoring, the Hyperliquid team wallet (0x43…a251) redeemed 2.6 million HYPE (approximately 90.18 million USD) from staking to the spot account today at 12:32. The latest transaction records show that this address subsequently executed a spot sell operation of 1 HYPE, as well as multiple transfer transactions of 1 HYPE to different addresses, which are suspected to be testing related functionalities. Currently, this wallet still holds approximately 240 million HYPE in staking.