Hyperliquid’s $90 Million Token Shift Raises Questions About Liquidity

A significant transfer of $90 million in HYPE tokens from Hyperliquid’s staking to spot wallets has sparked debate within the cryptocurrency community, fueling speculation about the platform’s future liquidity plans. This move resulted in record-breaking network fees exceeding Ethereum’s just 24 hours after the transaction was initiated at 12:32 UTC+8. The lack of public statements from Hyperliquid’s leadership has heightened interest and scrutiny around these unusual activities, especially since similar movements have been seen before significant market surges. ]