$HYPE

🫣 The Hyperliquid team received their tokens from staking

The team received their HYPE tokens from staking, and the asset's price naturally began to decline against this background.

📤 After receiving 2.6 million tokens, the team began to distribute them to various addresses, most likely to exchange employees.

Since all addresses are visible, it will be possible to track who, when, and how much will be sold. For holders, it is better for all team members to hold their tokens for now; otherwise, the token's decline will only accelerate 😬