A certain address cluster unstaked 1 million HYPE, which may be fully sold off

According to @nahnah64, a whale address cluster that previously unstaked 262,400 HYPE (approximately 6.9 million USD) is expected to increase its selling scale. The cluster currently has 1 million HYPE (worth 26 million USD) entering the unlocking process.

It has already sold 600,000 HYPE (worth 1.6 million USD) and is likely to continue selling. All HYPE held by the cluster addresses were purchased within three weeks after the Hyperliquid TGE ended, and the funds came from Tornado Cash. The total holdings of the address cluster exceed 4.36 million HYPE. Additionally, according to market data, HYPE is currently priced at 26.669 USD, with a 24-hour increase of 1.16%.