A previous employee of Hyperliquid withdrew nearly 250,000 USDC, resulting in around 1.48 million USDC remaining in their contract account

A former employee of Hyperliquid withdrew 249,999 USDC, which left 1,483,912 USDC in the contract account.

The employee’s address was noted for shorting HYPE during its price declines, indicating a connection that was later tracked on-chain.