Hyperliquid: Team Staking Yields $1M Daily From HYPE

Hyperliquid Labs now collects $1 million daily in native staking rewards from its original 238 million HYPE allocation fully locked in staking, pushing the position value to $16 billion while the address balance has grown to 241 million tokens worth $16.5 billion after 18 months of accumulation.

The team received 8.08 million HYPE in cumulative rewards valued at $565 million yet sold only 4.93 million, leaving more tokens than the initial grant; a fresh 452,000-token transfer worth $32.3 million routed through Flowdesk to multiple exchanges coincided with a 5% price decline.

Price action on the 4h chart shows HYPE at $67.62 inside the Bollinger Bands with the upper band resistance at $72.77 capping upside while the EMA50 at $68.54 functions as immediate overhead resistance in a bearish structure confirmed by the MACD death cross, suggesting any push toward that level will likely meet selling that returns price to the lower band support near $67.47 before the next directional move develops.