HyperLabs Initiates Unstaking of 3.75 Million HYPE
On-chain data shows that the Hyperliquid development team, HyperLabs, requested the unstaking of 3.75 million HYPE, valued at approximately $337.5 million. The tokens are scheduled to be available on October 7 and are expected to be transferred to the market maker Flowdesk, consistent with previous monthly unstaking patterns.
Summaries are written by AI from the original article. Not investment advice.