Hyperliquid Labs has successfully unstaked 333,000 HYPE tokens, which will be distributed to team members on April 6th.

BlockBeats News, March 30th, according to on-chain data, the Hyperliquid team wallet unstaked 333,000 HYPE tokens (around $13 million) 11 hours ago, with HYPE now trading at $37.56, a 24-hour decrease of 5.14%.

Previously announced officially, 333,000 tokens from Hyperliquid Labs would be unstaked on March 29th and distributed to team members on April 6th.