Hyperliquid did the classic "wasn't us, was a fired guy" move
😂😂😂
Community caught a wallet shorting $HYPE , team says it belongs to an ex-employee terminated in Q1 2024. Convenient timing for the explanation - right before the December 24 validator vote on burning $1B worth of $HYPE
👏
whoever it is, the selling pressure was real. About $134K dumped in a single day back in November. Token's down from $60 ATH to $25 now. Whether it's a bitter ex-employee or something else - the on-chain activity happened. Watch that burn vote.
HYPEUSDT
Prep
24.74
+1.61%
MUBARAKUSDT
Prep
0.01663
+9.40%