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HyperLabs Address Transfers 433,000 Redeemed HYPE Tokens to 11 Addresses

OdailyOdaily

Odaily News: According to Ember monitoring, the HyperLabs address (0x43e...a251) applied to redeem 433,000 HYPE tokens 7 days ago, worth $38.14 million. The tokens arrived 12 hours ago and were transferred out to 11 addresses 9 hours ago. HyperLabs holds 241 million HYPE, with daily staking rewards of approximately 14,400 HYPE, worth $1.26 million. Its monthly unstaking and transfer of over 400,000 HYPE is roughly equivalent to its monthly staking rewards.

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