HyperLabs Transfers Over 400,000 HYPE Monthly from Staking Rewards
On-chain data indicates that HyperLabs is consistently transferring its HYPE staking rewards, recently redeeming 433,000 HYPE worth approximately $38.14 million and distributing it across 11 addresses. The team's holdings of 241 million HYPE generate roughly 14,400 HYPE in daily staking rewards, valued at about $1.26 million.
Summaries are written by AI from the original article. Not investment advice.